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

To: JayPC who wrote (20334)	3/3/1999 5:26:00 PM
From: neverenough	Read Replies (1) \| Respond to of 27307

It doesn't look like the GCTY deal is going to fall apart, if anything it looks as if there's more deals to be made... Yahoo Will Make Deals To Fuel Growth (03/02/99, 6:11 p.m. ET) By Mo Krochmal, TechWeb NEW YORK -- Yahoo is willing to make deals with partners big and small, but don't expect the portal player to pair up with companies outside the Internet perimeter, said Jerry Yang, co-founder of the Santa Clara, Calif.-based company. The Net-bedazzled stock market has pushed Yahoo's share prices from a low of 17 to a high of 222 in the past year. Tuesday, the stock closed at 153 3/16, giving Yahoo a market capitalization of $31 billion. Such success has a price, Yang said. "People expect us to grow at inhuman kind of rates," said Yang, delivering the afternoon keynote at the Jupiter Communications Consumer Online conference here Tuesday. To fuel continued growth, Yahoo will seek partnerships with other companies but Yang is partial to the online world. "We will have relationships with large media companies and with small companies," he said. "But I am an evangelist for pure Web-based services and the potential for growth in this medium. So, we will continue to acquire value and assets that are platform based and take advantage of our ability to drive traffic." -------------------------------------------------------------------------------- "Unique content is important and portals need to offer that, but user-contributed content is also very valuable." -- Jerry Yang Yahoo -------------------------------------------------------------------------------- This year, Yang said Yahoo will continue to invest in community building. The company recently purchased the community-building Web company, GeoCities of Marina del Rey, Calif. "Public communities are changing what Yahoo is," Yang said. "Private communities, like clubs and instant messaging are not being used to their fullest. "Unique content is important and portals need to offer that, but user-contributed content is also very valuable." Yahoo will leverage that kind of content in building its local services, Yang said. "We are not going to go state-by-state and build communities," he said. "We are going to have enabling tools and say: You can do this. Oracle has enabled the tools to let people do this. Locally, grass-roots efforts can be successful."