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

To: Bill Harmond who wrote (18374)	1/17/1999 9:07:00 PM
From: Rick_Barry	Respond to of 27307

William Hammond, thanks for your response. I've been toying lately with the concept of following Yahoo's price to cash ratio, or PC as I will call it, as opposed to PE. My theory is that since cash is more important than earnings, Yahoo should be valued on a PC basis rather than a PE basis. This PC would reflect the increase in cash per share for a given quarter. This also would make Yahoo much more of a 'buy' than many people realize. I suspect that before 1999 is finished, Yahoo's cash will be rising at the rate of $1 million a day, as it is not far from that now. When you get a chance, please let me know how much Yahoo's cash went up in the just reported quarter. Thanks very much.