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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: TraderTerry who wrote (22725)7/8/1999 5:29:00 PM
From: TraderTerry  Read Replies (1) | Respond to of 27307
 
Interesting comment from S&P...

Standard & Poor's reiterated its 3 STARS (hold) recommendation on shares of Yahoo Inc. after the company posted second quarter earnings per share, excluding charges, of $0.11, $0.02 ahead of expectations. Analyst Mark Cavallone noted that sales rose 157% from a year earlier and 24% from the first quarter. He added that YHOO is run very efficiently with high margins and a large user and customer base, but says the stock reflects these factors at 60 times his 2000 sales per share estimate.