Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: LLCF who wrote (26286)	1/11/2001 2:12:23 PM
From: sea_biscuit	Read Replies (4) of 27307

I heard Paul Harvey on the radio talking about an interview with a 100 year-old man. The man said that investing in automobile stocks, radio stocks, electric company stocks (all these were the high-flying stocks of the 20's) was indeed profitable... if you bought them at 10 times earnings. Yahoo's earnings are about $0.60 right now. Making room for the declining earnings as well as the fact that the numbers themselves are massaged, they could fall to as low as $0.15 to $0.20 a year. Ten times that will be $1 1/2 to $2. That is the price at which an investment in the stock may be profitable over the long-term (assuming that the company survives).

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