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


To: Bill Harmond who wrote (16720)1/1/1999 8:12:00 PM
From: The_Guru_00  Read Replies (1) | Respond to of 27307
 
I find the number 600,000 very difficult to believe. In addition, the CEO of e-trade is hardly an unbiased view. Doesn't e-trade only have 1-2 million accounts now. I don't follow them. Let me know, or I will look it up.

Guru.



To: Bill Harmond who wrote (16720)1/1/1999 8:18:00 PM
From: marion (Hijacked)  Read Replies (3) | Respond to of 27307
 
<<Yes it was. The CEO pf E*Trade even said so publicly. At one point in 1997 he said he had opened some 600,000 accounts referred by Yahoo.>>

It might have been a success for E-trade but it didn't generate any revenue for Yahoo. I think that is what we are discussing here. This is from their 10Q

<<A number of the
Company's agreements provide that Yahoo! receive revenues from electronic
commerce transactions. Currently, these revenues are recognized by the
Company upon notification from the advertiser of revenues earned by Yahoo!
and, to date, have not been material.>>