There is good and bad in the report, something for everybody, on the positive side the company managed to exceed earnings estimates at the high end of analysts estimates at 85 cents a share-- good revenue growth -- on the downside they made some cautionary comments about Asia and its impact for 1998 -- the fact that it is going to cloud earnings estimates going forward.
Bob Walberg Quotes (3 Quotes)
From the fourth quarter to the first quarter in the last two or three years, Yahoo has been sequentially flat. To see a 13-percent sequential jump in revenue is very strong. We think Yahoo is executing very well.
People are looking to buy stocks that got beaten down and have good growth prospects and the Internet stocks fit that bill. Last week they got creamed.
More Bob Walberg Quotations (Based on Topics)
Internet - People - Facts - View All Bob Walberg Quotations
Related Authors
- - - - - - - - - - - - - - - - - - - -