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

To: Rick_Barry who wrote (25478)	4/5/2000 6:03:00 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 27307

Ominuous aftermarket trades: "Y H O O US $ ? 1 6 5 ? - 1 ? Q Q 165«/165? Q 24x10 At 16:01 Vol 13,662,400 Op 162 Q Hi 169? Q Lo 158« Q ValTrd 2206.290m T R A D E R E C A P Page 1 Time : Min Vol 100 USD Date 4/ 5 Price Range To High 169? Low 158« YAHOO! INC (YHOO US) PRICE 165? Q $ Time Size Price E CC \|Time Size Price E CC \|Time Size Price E CC 18:00 1 160? Q FT \|17:59 1 160? Q FT \|17:52 1 160ó Q FT 18:00 2 160? Q FT \|17:58 1 160? Q FT \|17:52 5 160? Q FT 18:00 1 160? Q FT \|17:58 1 160? Q FT \|17:51 4 160? Q FT 18:00 3 160 Q FT \|17:58 1 160« Q FT \|17:50 3 160? Q FT 18:00 4 160 Q FT \|17:58 2 160« Q FT \|17:49 2 161? Q FT 18:00 1 160 Q FT \|17:58 1 160? Q FT \|17:49 1 161 Q FT 18:00 10 160 Q FT \|17:57 1 160¬ Q FT \|17:49 2 161 Q FT 18:00 1 160 Q FT \|17:57 5 160? Q FT \|17:49 1 161 Q FT 18:00 4 160? Q FT \|17:57 2 160? Q FT \|17:49 1 160? Q FT 18:00 1 160 Q FT \|17:56 2 160ó Q FT \|17:49 2 160? Q FT 18:00 1 160? Q FT \|17:56 1 160« Q FT \|17:48 1 161 Q FT 18:00 5 160 Q FT \|17:55 2 160« Q FT \|17:47 1 160? Q FT 18:00 1 160 Q FT \|17:55 1 160« Q FT \|17:47 1 160? Q FT 17:59 8 160¬ Q FT \|17:54 1 160ó Q FT \|17:47 4 160ó Q FT 17:59 2 160? Q FT \|17:53 1 160? Q FT \|17:47 1 160« Q FT 17:59 4 160? Q FT \|17:53 1 160? Q FT \|17:47 2 160« Q FT 17:59 1 160¬ Q FT \|17:53 1 160? Q FT \|17:47 1 160ó Q FT 17:59 1 160¬ Q FT \|17:53 2 160ó Q FT \|17:47 1 161? Q FT

To: Rick_Barry who wrote (25478)	4/5/2000 9:55:00 PM
From: Chung Lee	Respond to of 27307

Pretty much all good. SANTA CLARA, Calif. -- Yahoo delivered a first quarter profit that exceeded expectations Wednesday as traffic surged and sales leaped 119 percent, above even the most optimistic projections. The Santa Clara, Calif.-based Web portal also named a new chief financial officer, Susan Decker, who will join from Donaldson, Lufkin & Jenrette, where she was global head of research. Decker will replace Gary Valenzuela, who plans to retire in July.The Net blue chipper reported first quarter profit of $63.3 million, or 10 cents a share, excluding acquisition-related charges. That's better than the 9 cents a share expected by analysts. It's also up from 3 cents a share in the same period a year ago, and matched the 10 cents a share reported in the previous quarter. Yahoo generated $228 million in quarterly sales, up 119 percent from $104 million in the year-ago period, and better than the $201 million posted in 1999's holiday quarter. Fourteen percent of total sales were derived outside the U.S. "North of $220 million is a blowout, as far as Yahoo's top-line sales go," said Carolyn Trabuco, an analyst at First Union Securities. Coupled with positive earnings results, Yahoo has not only delivered solid sales but it's "enhancing its profitability," suggesting the Net leader's model is scaling. But a penny above earnings expectations may not be a "blowout" bottom-line number. Shares of Yahoo dipped to 162 in after hours action. The stock dipped 1 3/16 to 165 in regular trading. On the conference call following the report, Valenzuela said Yahoo is increasing its projections for long-term operating margins to between 32 and 38 percent. Key metrics, details Traffic was robust in the first quarter. Average daily page views grew to 625 million, up from 465 million in the December quarter. Merrill Lynch Internet analyst Henry Blodget expected Yahoo to report 505 million page views (including Yahoo Japan traffic). Of that total, more than 65 million views were generated by Yahoo Japan, 30 percent owned by Yahoo. Yahoo's footprint spans 22 countries, up from 21 countries in the fourth quarter. The number of monthly unique visitors grew to 145 million, besting Merrill's expectations of 131 million, and up from 120 million in the fourth quarter. Even though advertising sales tend to slow down in the first quarter, online advertising sales may not be as seasonal if Yahoo's performance is any guide. Advertising sales were higher than expected, said Valenzuela. The average contract length also improved to 230 days, up from 192 days. "Marketers increasingly look to Yahoo's network to reach the biggest audience along with the great data we've collected," said Yahoo Chief Executive Tim Koogle. That's a "powerful combination," he added. Yahoo made progress in auctions as well. Yahoo said it surpassed 2.5 million daily auction listings, up from 1.5 million products for auction at the end of last year. As of Wednesday, EBay had 4.3 million on its site. Where from here? Yahoo shares have fallen the day after the company's earnings report is issued for five of the last eight quarters. In the one week prior to the reporting day, Yahoo shares have fallen on average. But at most, the stock had slipped by 12 percent, according to E-Offering. This time around, Yahoo shares have taken their largest beating before the quarterly report, falling 20 percent from a recent high of 205, which was struck on March 27. That means Yahoo could have a nice pop. But according to Merrill's Blodget, he wouldn't be surprised to see shares "trade off." In fact, Blodget expects Yahoo's shares to trade "sideways through the summer," and reach a new high at the end of the year, much like last year. If that's the case, Yahoo shares will have to climb 52 percent from current levels, giving Yahoo a market cap of more than $150 billion, about matching Sun Microsystems current market valuation. cbs.marketwatch.com