Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: IndioBlues who wrote (56602)	12/9/1999 4:43:00 PM
From: Think4Yourself	Read Replies (3) of 95453

I just stumbled across something absolutely incredible. Yahoo's market cap is TWICE that of General Motors. No speculative bubble here as Yahoo is forecast to make $.43/$.67 this/next year while GM is only forecast to make $8.49/$8.36. Yahoo's book value is $3.37 while GM's is only $25.82. Nope, I can't see why anyone would think there is a speculative bubble in the internuts. The "best in class" compares very favorably with GM. Besides, we are all going to spend $25,000-$50,000 on the internet every 5-6 years, aren't we? I mean, it's not like we're only going to spend a few hundred dollars a year shopping on Yahoo's stores, right? And we're CERTAINLY NOT going to use the price search engines to get the best price and avoid the price gouging companies (who are usually the ones advertising).

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