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To: Pruguy who wrote (22907)7/13/1999 10:09:00 AM
From: Mac S. Giballa  Read Replies (2) | Respond to of 27307
 
I'm still long 400, BUT, I finished going through the quarterly in detail, and I'm nauseous. They are doing such sleazy accounting, I think Abelson is knda right. YHOO is doing absolutely great from the business standpoint, but the income statement is ridiculously misleading. I love this company, and I think the stock will do great, but the reporting (as my daughter would say) is yucky.

I guarantee when next years same quarter is reported that they'll compare to this past quarter not as a 11 cent profit, but rather as a 7 cent loss, it'll look great but devoid of credibility. Oh well, I guess thats just the way you gotta do things these days.