Amy Maislos, an investor in Internet and technology companies, was thrilled to read that Yahoo! had reported a positive net income for the 1998 operations. In the late 1990s, the share prices of Internet companies have risen rapidly, although most companies are reporting losses. Amy believes that investors and Wall Street analysts soon expect profits from technology companies. When she reviewed the annual report of the compensation she noticed a footnote that said that if Yahoo! booked costs of stock options, the company experienced a loss for 1998 operations. "Hide
by Paul M. Healy, Jacob Cohen Source: Harvard Business School 12 pages. Publication Date: November 27, 2000. Prod. #: +101059- PDF-ENG
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