Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ram Seetharaman who wrote (25776)	9/8/2000 1:20:28 AM
From: Doug Fowler	Respond to of 27307

Considering that I was offered banner ads at the rate of 75 cents per 1000 impressions today by ine of Yahoo's MAJOR competitors, I would say that Yahoo is seeing serious price erosion in that which comprises 75 percent of its revenues. The best rate I had been offered in the past is $2.50 per 1000 impressions and Yahoo is accustomed to getting many times that rate. A banner impression on Excite, Go, Lycos or MSN is worth about as much to me as one on Yahoo. What do you think Yahoo's response to that is going be?

To: Ram Seetharaman who wrote (25776)	9/8/2000 1:21:57 AM
From: Doug Fowler	Read Replies (2) \| Respond to of 27307

Considering that I was offered banner ads at the rate of 75 cents per 1000 impressions today by ine of Yahoo's MAJOR competitors, I would say that Yahoo is seeing serious price erosion in that which comprises 75 percent of its revenues. The best rate I had been offered in the past is $2.50 per 1000 impressions and Yahoo is accustomed to getting many times that rate. A banner impression on Excite, Go, Lycos or MSN is worth about as much to me as one on Yahoo. What do you think Yahoo's response to that is going be?

To: Ram Seetharaman who wrote (25776)	9/8/2000 1:27:16 AM
From: Doug Fowler	Read Replies (2) \| Respond to of 27307

You seem to miss the fact that Yahoo's HUGE PE is based on aggressive growth rates. It appears that Koogle has telegraphed that we will see a slowdown in those growth rates for at least the next two quarters. And quite frankly, he has given me little reason to believe that their historic growth rates will resume 6 months down the road. It just doesn't work that way...And so, Yahoo deserves a much lower PE, and thus a much lower stock price. Frankly, I am surprised that Yahoo's stock has held as well as it has. Maybe its time for Microsoft to buy Yahoo?