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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: re3 who wrote (77407)	11/30/1999 6:43:00 PM
From: pater tenebrarum	Read Replies (2) of 86076

Ike, see my P.M. - there's no guarantee of anything with YHOO either. specifically there is no guarantee that the current valuation will ever be justified. imo, for a 1000 p/e stock, it's operating growth rates are pretty anemic. take out the interest earned from their earnings report and make a guesstimate of the ad banner swaps and you'll see there's not much left to write home about. how on earth this can be a 60 billion dollar stock will forever remain a mystery. btw, internet ad rates and click throughs, as i have often mentioned, are plunging. so where will the growth come from? when was the last time you clicked on an ad banner? see what i mean? <ggg>

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