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

To: Sonny Blue who wrote (9709)	4/10/1998 12:07:00 AM
From: Zebra 365	Read Replies (1) \| Respond to of 27307

YHOO beat quarterly earnings estimates by 1.6 million dollars. Today the market cap rose by 900 million dollars. To get a sense of proportion, eliminate the last three zeros. If you had a small business doing 120 thousand in revenues per year, and it were valued like YHOO, then yesterday it was valued at 5.1 million dollars. But since you made an extra $1,600 in profit this quarter, today your business is valued at 6.0 million dollars, or an extra 900 thousand dollars over yesterday's value. Good Luck to all Zebra