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: LRS who wrote (7050)	2/1/1998 5:19:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 27307

That NY Times article says same-old same-old, nothing new. Comparing Yahoo risk to Netscape because of Microsoft is simplistic nonsense. Microsoft zeroed-out Netscape's market, an impossibility with Yahoo. Microsoft was going to kill off AOL, remember...yet AOL's stock performance over the last four years makes Microsoft's splendid showing look like a steel company's by comparison. That Yahoo is an outrageously-expensive stock is nothing new; the price is high for a reason. That 20% of Yahoo's revenues come from pornographic sites is simply ludicrous. The fact is that the New York Times has much to fear from Yahoo. A sizeable minority of the Times' revenues comes from classified and directory advertising, and the majority of its overhead is in newsprint, printing and distribution....near zero-cost line items for Yahoo. Yahoo's readership has grown to 10x the Times' in two years, Yahoo probably has as many page-views daily now as the Times, and the Yahoo brand name is already just as valuable.

To: LRS who wrote (7050)	2/1/1998 5:24:00 PM
From: Keith J	Respond to of 27307

I agree that the article was not very well factually represented. In one sentence, the stock price was 71, implying a market cap of 3.9 billion. Then, at a price of 63.375 something, the market cap was 2.9. Very poor math. Another case in point. The 144 million in profit number. Is this pre tax or after tax. It was not indicated. If after tax, that means about 2.50/share in income in 2000. But he states that estimates for 1999 are very optimistic, and the estimate is only about 65 cents currently. Yet he did little to debunk the revenue and profit estimates, and you're looking at earnings growing over 300% year over year. I'll have to try some "sex" searches on YHOO and XCIT (and some Little Women searches too). We'll see what the market thinks tomorrow. KJ