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

To: Ram Seetharaman who wrote (25109)	1/10/2000 9:36:00 PM
From: TARADO96	Read Replies (2) \| Respond to of 27307

SOME ANALYSTS EXPECTING 4-1 SPLIT. I EXPECT TO SEE 3-1. Santa Clara, California, Jan. 10 (Bloomberg) -- The following is a summary of Yahoo! Inc.'s fourth-quarter earnings expected to be released tomorrow after the close of regular U.S. trading. Expected Earnings Yahoo! Inc., the largest Internet search service, is expected to report a profit of 15 cents a share, the average estimate of analysts polled by First Call/Thomson Financial. That estimate excludes amortization and goodwill costs. Estimates range from 14 cents to 16 cents a share, according to a poll of 28 analysts by First Call. The so-called whisper number, the latest unpublished estimate, is 18 cents a share, according to www.thewhispernumber.com Web site. The Santa Clara, California-based company reported net income of $3.8 million, or 1 cent a share, in the year-earlier quarter. Excluding amortization and goodwill costs, the company said it had income of $12.9 million, or 4 cents a share. Revenue is expected to climb to about $183.8 million, according to First Call estimates from 24 analysts. That's up from $91.3 million a year earlier. Expected Time Yahoo will release its results at the close of U.S. trading tomorrow. Behind the Numbers Yahoo said in late December that its shopping site had received five times as many orders this holiday season as last year. The company had introduced an advertising campaign to promote the addition of several brand-name merchants such as Patagonia and Macy's. Yahoo's shopping area features about 8,500 vendors, more than double last year's amount. Investors and analysts have been anticipating a stock split as its shares more than doubled last quarter on optimism about its electronic-commerce business and an impending stock split. Some analysts have speculated that the company might split its stock 4-for-1 as it hit a record 500 1/8 on Jan. 4 On Dec. 7, Yahoo was added to the Standard & Poor's 500 Index, only the second Internet company behind America Online Inc., the world's largest online service. ``There was some talk that there wasn't enough supply of shares out there' when Yahoo was added to the S&P 500 Index, said Mark Cavallone, an analyst with S&P Equity Group. A stock split ``might help ease that liquidity problem.' What the Experts Say ``It's been a very good holiday season; there was high advertising spending. Yahoo gathered a lot of traffic at this point,' said Cavallone, who rates the stock ``hold.' ``When people think of portals, they think of Yahoo nowadays. A much larger percentage of people go to Yahoo than the other search engines like Lycos and the amount of time they spend on Yahoo is higher than other Web sites.' Previous Market Reaction Yahoo shares rose 8.3 percent the day after it exceeded analysts' earnings estimates for the third quarter. Yahoo's stock usually rises before the release of its earnings and falls after it reports results. Last quarter, the company's revenue exceeded analysts' estimates, pushing its shares higher the day after earnings were reported. Jan/10/2000 14:50