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

To: KeepItSimple who wrote (23402)	8/2/1999 11:22:00 PM
From: Frank	Respond to of 27307

"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." what you said is true, but after the merger, if that actually happens, shares of yahoo you are currently owning is not just yahoo, they are yahoo+@home shares. it's like a smaller piece of a bigger pie. but i agree w/ you that without the actually numbers, we won't be able to tell that "piece of pie" is bigger or smaller after the merger.

To: KeepItSimple who wrote (23402)	8/2/1999 11:46:00 PM
From: Shafik Habal	Read Replies (1) \| Respond to of 27307

K I S, same math used by WCOM during its acquisitive years for UUnet, MFST, etc. All jokes aside, it does seem quite dilutive and I agree with you that YHOO would have to put ATHM up in some form of a partnership w/ T (or perhaps even get T to participate in financing the deal by relinquishing certain assets or in some other capacity). Possibilities are there for this deal, but as you said, "how could Yahoo afford to pay $X billion" that is indeed a HUGE amount. There definatley has to be some creative financial structure for this deal to ever see the day of light. Hope this helps. Regards, SH

To: KeepItSimple who wrote (23402)	8/3/1999 8:55:00 AM
From: Apache Indian	Read Replies (2) \| Respond to of 27307

YHOO + XCIT ?? What is YHOO paying for that it does not have ?? wonder why all these analysts always say 'makes a lot of sense bla bla' broadband strategy ?? whats that mean in terms of portals ? and in any case, they are talking of spinning off ATHM ? so what are they left with ? similar services ? similar company ? you dont pay billions for memebers.. membership at XCIT, YHOO is meaningless to lay the least. doesn't mean nada to the top line. thinkning of shorting.