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: TheBigB who wrote (7759)	3/3/1998 2:43:00 AM
From: Michael Collings	Read Replies (3) of 27307

Not that this means anything to a momentum stock, but if the analysts are right that YHOO will grow earnings by 80% per year for the next five years and starting with this year's 35 cent projection...... in five years this stock would be trading, at its current price, a mere 20 times 2002 earnings. It's a bargain here! Of course, this doesn't allow for any more shares to be issued. But assuming that none are and that YHOO can get to $100 it would be trading at only 27 times 2002 earnings. That's just slightly above the P/E for the S&P500 for the last 12 months! And only five years from now! How can anyone pass up this bargain?

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