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

To: Augustus Gloop who wrote (17725)	1/12/1999 5:43:00 PM
From: Jerry A. Laska	Read Replies (1) \| Respond to of 27307

AFTER THE BELL - Intel rises [Yahoo falls] NEW YORK, Jan 12 (Reuters) - Shares of computer chip maker Intel Corp (Nasdaq:INTC - news) rallied in after-hours trading after the company posted fourth quarter earnings that were far higher than analysts had forecast. Web portal company Yahoo! Inc (Nasdaq:YHOO - news), which also reported results that topped Wall Street estimates, fell in after-hours activity. Intel's net income rose to $2.1 billion, or $1.19 a share, up 18 percent from a year ago, when it earned $1.7 billion, or 98 cents a share. The latest results beat the $1.07 a share expected by Wall Street analysts surveyed by First Call Corp. Intel shares climbed to 139 in trading on Instinet, up from a closing price of 135-9/16 and reversing nearly all of a 4-3/16-point decline during what was overall a weak day for technology issues. Yahoo shares slipped to 395 in after-hours trading, extending a regular session decline of 12-1/2 points to 402. Pro forma net income at Yahoo came to 21 cents per diluted share, ahead of the First Call estimate of 16 cents. Earnings at Yahoo, which also declared a two-for-one stock split, amounted to 16 cents a share after factoring in acquisition-related charges and other items. biz.yahoo.com ..... For quote: quote.com