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: Bill Harmond who wrote (8608)	3/19/1998 10:20:00 PM
From: Oeconomicus	Read Replies (1) of 27307

Well Bill, I guess he got you there. 4% institutional ownership and First Call says 70% long-term earnings growth. Let's apply that silly PEG ratio thing and see what we get. I'll even use forward estimates, just to be kind. 37 cents estimates for 1998? OK, pretending that a PE of 70 is justified by the projected growth rate and rounding up, you get a value of...WOW! $26. Did we split 4:1? No? Uh...hmmm...this doesn't look very good Bill. Even a Fool (upper case "F") would run from this one. Bob

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