Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: HG who wrote (20927)	4/7/1999 1:24:00 PM
From: Ram Seetharaman	Read Replies (1) of 27307

Saw this a few minutes ago! Wednesday April 7, 12:20 pm Eastern Time RESEARCH ALERT-YahooQ1 rev,eps growth seen NEW YORK, April 7 (Reuters) - ING Barings Furman Selz on Wednesday said analyst David Levy reiterated his buy rating on Yahoo! Inc., saying the Web media company is poised to report yet another quarter of strong earnings and revenues. -- estimates revenues of $79 million, driven by a 100 percent increase in average daily Internet page views. Estimates 1999 revenues at about $400 million. -- noted that first quarter gross margins could grow to 89.8 percent from 89.7 in the fourth quarter. -- company expected to close Geocities (Nasdaq:GCTY - news) acquisition by early may. -- Yahoo's acquisition of Broadcast.Com (Nasdaq:BCST - news) should enhance its Broadband strategy.

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