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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (35772)	11/11/1998 5:23:00 AM
From: accountclosed	Respond to of 132070

Skeets: Let me try out this comparison on you. CBS vs. YHOO. CBS Corporation operates in one segment, the radio and TV broadcasting and cable programming, (CBS, Group W Broadcasting, and Infinity). For the six months ended 6/98, revenues rose 32% to $3.43 billion. Net income from continuing operations applic to common totalled $23 million vs. a loss of $125 million. Revenues reflect the coverage of the 1998 Winter Olympics and the revenues from TNN and CMT, acquired in September 1997. Earnings reflect the reduction in revolver borrowings Yahoo! Inc. is a global Internet Media company that offers a network of branded World Wide Web programming. YHOO provides Internet resources and communications service and generates revenues by selling advertising space. For the six months ended 6/98, revenues totalled $71.4 million, up from $24.2 million. Net loss rose 42% to $31.7 million. Revenues reflect an increase in the number of advertisers on Yahoo!. Higher loss reflects a $44.1 million nonrecurring charge for purchased R&D CBS YHOO Price/book 2.58 112.8 Price/sales 3.12 104.2 Market cap (b) 20.6 16.5 Hello. Do not attempt to adjust your tv set or pc.

To: Skeeter Bug who wrote (35772)	11/11/1998 8:23:00 AM
From: Mike M2	Read Replies (3) \| Respond to of 132070

Skeeter, you ask what will prevent the Fed from printing money if we have deflation -tough love fer de buck . Foreign central banks have sold $90 billion in U.S. treasuries this year-during the prior 3 years they had purchased $450 billion. Our savings rate in the U.S. is dismal so we must rely on foreigners to purchase our debt . The willingness of foreigners to accept paper dollars in exchange for real goods ( helping to keep the cpi & ppi low) cannot go on indefinitely. One other point there is inflation -it is in the financial mkts. There is an alternative to fiat money -gold #reply-6366772. Mike