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

To: the Druid who wrote (21799)	5/18/1999 6:52:00 PM
From: Shafik Habal	Read Replies (3) \| Respond to of 27307

Yahoo now has 60,000,000 plus users (March 99) and over 47,000,000 Registered Users (Provided a user profile) The following is from the shareholder meeting call Friday: Tim Koogle: 1) Profits matter, net income up 3 fold for 98 over 97 2) Annual net income up to 25% at end of 98 3) Yahoo now has 800 employeed with $330,000.00 of gross income per employee (Per employee $ income up, in spite of twice as many employees now compared to one year ago!!!) 4) Number of advertisers are growing very fast. Each advertiser is signing longer contracts and spending more per ad. The advertisers are VERY happy with their results & have communicated this back to Yahoo management & signed up again!! 5) 33 Million revenue for 1st quarter 99, net income up to 38% now as compared to 25% for 1998 net income (Net Growing Too) 6) Strong revenue growth, more and more revenue starting to come in from outside North America. Yahoo is #1 outside of North America. 7) Yahoo is focused on growing their International Business in a big way, and so far has been very successful at this! 8) Tim stated that "Yahoo has already met Wall Streets estimates for the year, and revenue is ramping up" 9) Yahoo has very strong cash reserves, $524,000,000 to date, and Yahoo has ZERO ($0.00) debt!!! Thats zip, nada, nothing!!!!!!! 10) Yahoo's cash on hand to ongoing liabilities coverage is just over 5 1/2 to 1 (Also Very VERY strong!!!) 11) Yahoo will agressivly use their stock and assets to continue to aquire other companies to get a jump start on an industry, or to improve areas that they may be weak on. The above was emailed to me, it is not something I made up, but rather something a friend of mine compiled and summarized for me while he took notes during the replay of the conf call.