David Readerman
David Readerman
branded franchise hold invest operating people scared web yahoo
Yahoo is operating on revenues of about $25 million. I have them on a hold rating right now because I'm scared at the valuation of their stock. But people want to invest in the Web and the branded franchise name, and Yahoo is the franchise leader.
business failure financial internet loss microsoft services
The Internet business for Microsoft is a loss business. Microsoft has been a financial failure in the Internet services business.
material problems sign structural
This is a material shortfall. It's a sign of some structural problems at Netscape.
buys consumer goes million revenue upgrade
We're forecasting revenue contributions of $600 million from about 7 million upgrade (Windows 98) units where a consumer goes to (a store) and buys it.