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

To: Zebra 365 who wrote (9843)	4/12/1998 6:58:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

Separate the balance sheet from the income statement. I don't want to keep going over this, and I'm sure neither do you, but of course they're booked as liabilities. Otherwise net income would have been more than 10 cents based on Yahoo's net cash flow for the quarter. Yahoo uses an accrual method of accounting. I'm pointing out that Yahoo brought in $17.8 million more this quarter than went out on sales of $30 million. Real simple. I can't find any sale of new equity. Perhaps you could point that out. yahoo.com yahoo.com Sales and marketing expense as a percent of sales went down. That's a positive trend. That's all that matters. Sales and marketing doubled, but sales tripled.