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

To: anandnvi who wrote (25692)7/12/2000 1:20:18 AM
From: KeepItSimple  Respond to of 27307
 
It's not just the ridiculous market cap people should be worrying about..

Ho ho ho! Yahoo has slipped into unprofitability through operations! Why haven't I seen this reported ANYWHERE?

From this quarters SEC filing:

Total operating expenses: $137,896,000

Income from operations: $92,891,000

Total loss from operations: 45 million bucks

If not for the huge amount of interest income generated by cash sitting in the bank, Yahoo would be firmly in the red. Is this a technology company or a certificate of deposit sitting in a bank?



To: anandnvi who wrote (25692)7/12/2000 10:14:45 AM
From: Ram Seetharaman  Read Replies (1) | Respond to of 27307
 
What counts is the bottom line, revenues and profits! YHOO is one of the few internet companies delivering consistently! You are forgetting international expansion and possible mergers and acquisitions coming up in the future! Stock should see $ 150 easily after the July consolidation! It may go even higher towards Christmas! It is a long term hold!


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