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

To: White Shoes who wrote (25597)	6/28/2000 1:08:00 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 27307

I like the acquisition from a technology standpoint. At first glance it looks like yhoo overpaid (WAY overpaid) since nichey net companies are dropping like flies unless they have a solid revenue-generating business model, which eCircles and eGroups do not have. Besides, yhoo could have used ecircles as leverage against egroups to get the price down (although I think they should have gone after the best technology between the 2 regardless, I just think yhoo could have dealt harder). Thats on the negative side. On the positive side, this is another strategic investment which could be huge with the yahoo mkt share behind it. Anything under 1 billion is a pittance for yahoo, and their main objective should be keeping the engineers that built the tech at egroups. So assuming 30+ mm was invested in egroups yhoo would have to offer about 300mm purchase price otherwise the engineering team will leave (and again, what do they care with their stock as collateral). I have learned lately that purchase price under 1 billion for these net companies is more competing for the engineers involved, vs. mkt price for the company. OK so weighing all this, a big thumbs up. edit - ecircles and egroups used to be similar, but I haven't looked lately. Could be that egroups moved way ahead. I hope the egroups people don't have to move from their cool office location at South Park!