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: eric her who wrote (10180)	4/16/1998 5:40:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 27307

<< Another issue for internet search engine business is, there is no barrier for entering the business >> Sorry but that argument just doesn't hold up. Prove it to me. Go ahead and design a web page that can handle 100 million page hits a day and then get 32 million people to come to your site. I will pay you $125 for your stock.

To: eric her who wrote (10180)	4/16/1998 6:26:00 PM
From: Brian Malloy	Respond to of 27307

Perhaps YAHOO is actually undervalued and perhaps it isn't that easy for a "large" company to push YAHOO which happens to be in the FORBES 500 out now that it has won the battle for eyeballs and serves as a major portal to the internet. ANALYST UPDATE: WALL STREET WANTS IN ON THE NET Yahoo consistently exceeds expectations, executes extremely well, and is turning the corner of profitability much sooner than anyone expected. Although veteran Wall Streeters are shaking their heads at a market valuation for Yahoo which tests conventional financial modeling, Internet analysts are painting Yahoo's future with a much broader brush. The more press-friendly Keith Benjamin of BA Robertson Stephens states in his Weekly Web Report that Yahoo "beat the high end of our range of expectations in terms of audience, traffic, revenue, and earnings growth ... this speaks loudly to Yahoo's leading position and its incredible financial leverage as the Web audience increases." Yahoo experienced 46 percent sequential traffic growth from the December quarter to the March quarter, ending at an average of 95 million page views. Mr. Benjamin estimates an audience in excess of 32 million people, with more than 12 million registered to regularly use one of Yahoo's personalized services. What all of this means is that Yahoo is capturing a leading share of industry advertising revenues and is ramping dramatically in commerce revenues, which moved to 22 percent of Yahoo's total revenues of $30.2 million for the quarter. If you're still spooked by Yahoo's current valuation of $5 billion-plus, check out the confidence in Mr. Benjamin's next statements: "Relative to other successful media companies, one might take the perspective that the valuation is still low, based on our belief that the Web is now mass market. We believe Yahoo's current audience level matches or exceeds many major media companies, which have market capitalizations that are multiple times Yahoo's." There you have it: if you squint, Yahoo may even be undervalued. redherring.com