Hello Manohar Kanuri, I thank you for this fundamental piece of information, as I had not been monitoring same for a while ... "Yahoo!, for example, does not suffer from the fact that its shares trade at 612 times net income, 95 times book value and 194 times revenues."
I am thunderstruck at how inexpensive Yahoo is!
It is intuitively obviuos to the most casual of passing observers that Yahoo price is dirt cheap in comparison to Tenneco, if Yahoo were to get into B2B, G2B, and continue its relentless globalized growth in B2C and get into C2C, along with buying everything in sight with its gloriously valued paper ala the early days of Qwest, etc. And we have not even contemplated the possibilities of what might happen if Yahoo were to, say, buy Softbank itself. Well, why not? Imagine the possibilities!
However, it is equally obvious that Yahoo's business can not reasonable grow without hiccups, and also, Yahoo's share price can not grow if/when the market tanks due to any number of reasons, including the formidable dark hand of "reverting to the mean" for performance.
I am down to my last 100 shares of Yahoo and I will keep it as a subscription price for the annual report, and wait with ever more patience. |
