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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (4256)	12/19/2000 6:50:07 PM
From: GST	Read Replies (3) of 57684

LOL Yahoo is down from peak-to-trough more than IOM in percentage terms, so I meant no insult to holders of IOM by comparing it to Yahoo. Anybody who paid $250 for Yahoo and finds themselves a few months later with 28 bucks must be unhappy -- yes? And what are the prospects? Dimming by the day it seems. Yahoo sports a 70 p/e -- so if profits don't decline it will likely be able to stay above single digits in price -- but on the other hand, it may become an even trade with IOM at $3.80. YaHOO took another 12% beating today -- it just keeps dropping.

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