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To: Shafik Habal who wrote (23401)8/2/1999 10:50:00 PM
From: KeepItSimple  Read Replies (3) | Respond to of 27307
 
Someone please explain to me how Yahoo could afford to pay "greater than 17 billion" for Excite@home when Yahoo's current total market cap is only 27 billion?

What kind of math are they using? That sounds like the mother of all dilution if they were to issue 17 billion in Yahoo stock to pay for the transaction.