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

To: Michael Collings who wrote (8473)	3/16/1998 9:00:00 PM
From: db	Respond to of 27307

Yahoo Sees Sales & Marketing At 60% Of 1Q Revenue 03/16/98 : 13:06 PM Federal Filings Newswires FORM 10Q PERIOD ENDED: 12/31/97 SEC RCVD DATE: 03/16/98 ISSUER: YAHOO! INC. SYMBOL: YHOO WASHINGTON (FFBN) -- Yahoo Inc. expects sales and marketing expense to decrease to 60% of first quarter revenue and continue to lower over the remainder of 1998. Yahoo spent 65% of revenues or $43.9 million on this expense category in 1997 and 77% or $15.1 million on it in 1996. The company also expects product development expense to remain at the 1997 level of 17% of net revenues. ------------ Looks like Sales and Marketing expenses for this quarter will remain at the same as last quarter (60%) although less than last year. The product development expenses are actually up from last quarter. So - unless they have more revenues this quarter than last quarter, their earnings will be level with last quarter. If their revenues are more, they'll show higher profits. Any other comments from anyone else ?