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

To: peter grossman who wrote (6467)	1/14/1998 8:05:00 PM
From: LRS	Read Replies (1) \| Respond to of 27307

I think you might be onto something....In the press release, YHOO states... Note: The results for all periods presented have been restated to reflect the combined results of Yahoo! Inc. and Four11 Corporation to reflect a merger of the two companies which was completed on October 20, 1997 and has been accounted for as a pooling of interests. If you look at the earnings release for the third quarter, the TOTAL revenue for the 9 months is $40.4M. If you look at today's press release, revenue for the quarter is $25.1M. 40.4M plus 25.1M equals $65.5M. Today's press release shows 12 month revenue of 67.4M. So, where did the other $1.9M come from ???? Four11's revenue for the first nine months of 1997. If you assume that Four11 has flat month to month revenue, this is about 1.9/9 or $210,000/ month in revenue. But realistically, Four11's revenue is growing monthly. So let's call it $750,000/month in revenue for the last 3 months of 1997---$2.2M of the $25.1M that YHOO reported for the 4th quarter. Take out Four11 and revenues were more likely $22.9M. DO the results still look good?????