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

To: Oeconomicus who wrote (10774)	5/8/1998 9:46:00 AM
From: esterina	Read Replies (1) \| Respond to of 27307

Morning Report Fri May 08 Unscrambling Value: Egghead, Past Chicken & Egg Stage By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" Its latest quarterly results show 100% Internet-based etailer Egghead.com (NASDAQ:EGGS - news) in transition from bricks and mortar to clicks and modems. Our analysis shows that we think the worst may be over for EGGS and that with its cash, brand and deals it could command a multiple at least in line with peer ONSALE (NASDAQ:ONSL - news) . If EGGS can make it past the hatchling stage on the Web, and its deals with Yahoo, CNET, theGlobe, GeoCities, InfoBeat and USA.Net seem to indicate it might be able to, then a peer valuation multiple of 2.6x annualized revenue may not be out of line. That implies EGGS at $18 per share. May 7 it closed at just over $9. Check our exclusive side-by-side comparison: