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


To: Ram Seetharaman who wrote (25818)9/23/2000 9:44:17 AM
From: blankmind  Read Replies (2) | Respond to of 27307
 
- I'm bullish on yahoo's $1 bill announcement to "use the proceeds from the shelf offering for for general corporate purposes, which may include . . . repurchasing its capital stock"

- as of 6/30/00: yahoo rests on cash & securities of $1.7 bill. They're profitable; doubling of revs & profits every year; almost zero liabilities

- what in the world could they use the $1 bill for other than to issue debt? And with it, do some type of buyback?



To: Ram Seetharaman who wrote (25818)9/27/2000 9:27:49 AM
From: Yogizuna  Read Replies (1) | Respond to of 27307
 
Good stuff. Yahoo will definitely be a survivor in my opinion. The shares purchased on the previous buy signal, now go to a strong hands hold, to wait out the next signal which may help me decide what to do next.....