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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (77063)3/8/2001 11:44:27 AM
From: chic_hearne  Read Replies (1) of 436258
 
I'm pretty stunned with the denial about YHOO. Do you realize it currently has a market cap over $8 BILLION after todays haircut? Declining revenues, not going to be profitable anymore, and any metric such as price/sales or price/earnings is still grossly overvalued.

It's almost like the market has become so incredibly disconnected from reality over the years that no one realizes that YHOO has over 500,000,000 shares outstanding. They see $16 as cheap compared to the old high of $250, but what kind of logic is that?
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