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Strategies & Market Trends : Updating the P/E ratio for internet stocks

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To: Jack Hartmann who wrote ()5/27/2000 3:25:00 PM
From: Jack Hartmann   of 3
 
August Aug Aug Aug Aug Aug
STOCK Recent$ Qeps P/e rev% Pe/R
AOL 84 .13 74.3 46.0 1.61
AMZN 90 (.51) 150 170.1 0.88
ATHM 42 (.02) 42.8 137.1 0.31
EBAY 84 .02 81.5 153.8 0.52
YHOO 128 (.01) 115 156.6 0.73
EGRP 25 (.10) 27.7 128.1 0.21
DELL 39 .16 33.3 41.0 0.81
CSCO 61 .19 50.8 33.5 1.51
ORCL 36 .36 25.1 20.8 1.20
CMGI 77 (.27) 101 140.6 0.69
MSFT 85 .40 57.0 38.1 1.49

May May00 May00 May May May
STOCK Recent$ Qeps P/e rev% Pe/R
AOL 48 .11a 43.0 46.5 0.92
AMZN 46 (.35) 32.4 94.5 0.34
ATHM 17 (.01) 17.1 75.3 0.22
EBAY 61 .06 57.4 100.4 0.57
YHOO 112 .10 101.3 119.1 0.85
EGRP 15 .00 15.0 151.8 0.10
DELL 42 .19 34.7 31.5 1.10
CSCO 54 .14 46.9 55.1 0.85
ORCL 67 .17 56.5 17.8 3.11
CMGI 44 (.74) 92.2 293.8 0.31
MSFT 61 .43 39.6 23.1 1.71

EPS and y2y rev increase number per briefing.com
I don't like the PEG ratio.
PEG involves analysts guesses on future growth.
ATHM has low 25 P/e like in August.
ORCL was best performer of all these.
ATHM and EGRP the worst.
CSCO, YHOO, DELL are up from May99.
MSFT, AOL, CMGI, ATHM, EGRP, EBAY, AMNZ are all lower.
There may be a pattern of having a Pe/R of 1.0 to 1.50 to
determine best performance.
If the P/e method is used ATHM should do the best.
If the Pe/R method is used DELL should do the best.
Jack
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