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To: g_m10 who wrote (1877)1/26/1999 11:39:00 PM
From: James Sinclair  Read Replies (2) | Respond to of 20297
 
If you're going to provide EBPP services for all of
Yahoo's customers, you're going to need a lot of infrastructure.
Better to spend the money up front and make good first
impressions on your new subscribers than to go through
what AOL did a few years ago. I'd be curious to know how much
the online brokers have invested in servers and networks.



To: g_m10 who wrote (1877)1/26/1999 11:46:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 20297
 
gm10 & Tom:

Shares are probably not "retired" but more than likely in Treasury to be reissued for Pete's (both of them - K & S) option plan. Also, remember that the number used for calculating quarterly net is a weighted average for the period. They probably exited the quarter with just under 51 million out.

Charlie


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