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

To: PAL who wrote (8376)	3/12/1998 7:20:00 PM
From: William Wang	Respond to of 27307

Yahoo! CEO: Company Plans To Offer Much More Than Searches Dow Jones Newswires NEW YORK -- While Yahoo Inc!'s (YHOO) chief executive left it to the market to justify his company's huge market capitalization, he did point out that his company has turned profitable. Excluding charges related to acquisitions, the company has made an operating profit for two quarters, said Chief Executive Timothy Koogle during an interview on CNBC Thursday. And the company's stock price has been climbing along with profits. "The proliferation of cheaper devices to allow people to get on the Web who aren't currently on it is clearly a mover," said Koogle. The number of regular Web users worldwide has more than tripled in the last year, he said, and Yahoo! plans to offer them much more than a search engine. "All in one place you have a platform for users to come to to find things, but also a platform on which more and more content, merchant services and communications services get hosted," Koogle said.

To: PAL who wrote (8376)	3/12/1998 7:26:00 PM
From: Bill Harmond	Respond to of 27307

>>The trend of Yahoo is down Fooled me. How can you say the Yahoo's trend is anything but up? Up bigtime. The past three days doesn't make a trend. They may start one, but they don't establish one. March 2-4 wasn't a downtrend was it? When Yahoo starts making lower highs and lows, breaks below important moving averages and shows signs of distribution then I think we can say the trend is down. Until then, it's a good bet that the 15-month uptrend is still intact. Yahoo has been leading the bull market for the last 15 months. Fifteen months makes a trend.