Nothing But Net 2009 Internet Investment Guide 28. Leading . Morgan Internet industry analyst Imran Khan provides a comprehensive look at key Internet industry characteristics, drivers, and trends in his seminal industry outlook, Nothing But Net. Geared toward Internet investing novices and experienced professionals, this book provides a detailed look at data points and trends that should be considered when investing in the Internet space. With almost 8 years of technology banking and investing experience, Khan provides a detailed analysis of multiple Internet sectors including online advertising, e-commerce, online travel, and social networking. This book is a must have for. | Morgan Imran Khan 1-212 622-6693 Global Equity Research 05 January 2009 Table 189 YHOO Annual Cash Flow Statement in millions FY-07 FY-08E FY-09E FY-10E Net Income D A Tax Benefit Excess Tax Benefit from SBC -- -- Equity Minority Interests - - Stock Based Compensation Other Non-Cash Items - - Changes in Working Capital Accounts Receivable - 56 Prepaid Expenses - 216 Accounts Payable - 17 Accrued Charges - 28 Deferred Revenue Other Operating -- 69 - - - Cash From Operations 1 2 1 1 FCF 1 1 1 1 INVESTING CASH FLOWS Capital Expenditures Net Investment - - ST Investment Purch. - - - ST Investments Mat. - - - Acquisitions - - Cash From Investing 1 FINANCING CASH FLOWS Common Stock Issued - - Shares Repurchased 1 - - Structured stock repurchase - - - Excess Tax Benefit from SBC - - Other financing activities net Long Term Debt - - - - -- Cash From Financing 1 - - Foreign Exch Effects - - Net Change In Cash 1 1 1 Cash at Beginning 1 1 2 3 Cash at End 1 2 3 4 Source Company reports and . Morgan estimates. 271 Morgan Imran Khan 1-212 622-6693 Global Equity Research 05 January 2009 272 Imran Khan 1-212 622-6693 Global Equity Research 05 January 2009 International Company .
