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To: Bill Harmond who wrote (80253)	10/12/1999 11:35:00 AM
From: Eric Wells	Read Replies (2) \| Respond to of 164684

William - is the one fact you've stated form the sole reason for your YHOO bullishness - the fact that they have over 30% profit margin? -Eric

To: Bill Harmond who wrote (80253)	10/12/1999 11:40:00 AM
From: KeepItSimple	Respond to of 164684

>When operating margins are over 30%, you don't have to look anywhere > else for profitability. Actually, you do. You look to the interest income generated by that 700+ million of cash raised from their IPO and secondary. As you certainly know, Yahoo or Ebay would barely be in the black if not for that "Revenue". Now if you think that cash-interest makes for a new-era company, then I guess you must LOVE banks who certainly know how to do that sort of thing better.