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To: yard_man who wrote (18028)	2/4/1999 10:51:00 AM
From: accountclosed	Respond to of 86076

yikes i dunno. e= equity?? p= participating????? i have no idea. i don't want any <g>

To: yard_man who wrote (18028)	2/4/1999 10:53:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 86076

for more credibility try a 406 dollar target rather than the round number <g> RESEARCH ALERT - Yahoo! raised NEW YORK, Feb 4 (Reuters) - Brown Brothers Harriman analyst Dawn Simon raised her short-term rating for Internet service company Yahoo! Inc. Thursday to buy from neutral. -- In a report, she set a price target of $406 for the stock. -- Further details were not immediately available. -- The shares were off 16-1/16 to 342. biz.yahoo.com

To: yard_man who wrote (18028)	2/4/1999 10:57:00 AM
From: bill meehan	Read Replies (1) \| Respond to of 86076

PERQs are a form of preferred issue. It's been a long time since I've dealt with PERQs, but I believe they're structured to be treated as debt by the issuer so they're advantageous for the issuing company from a tax standpoint. (Many companies have issued them instead of preferreds.) They can therefore pay higher yield than straight preferred, but are not suitable for corporate investors since they don't qualify for dividend exclusion. Principal risk is greater than for issuing company's bonds.