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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Angelo J Cici who wrote (10262)4/17/1998 7:22:00 PM
From: Tom Kearney  Read Replies (6) of 27307
 
YA-hoo is greatly undervalued!! According to WSJ, Internet traffic is doubling every 100 days. YHOO has .08 earnings last qtr. By next year that will be a $1. But, the internet won't slow down by then. Continued growth at that rate will take them to $13 a share earnings/qtr only 2 years from now.

Then it will begin to level off. Considering a conservative PE of 15 to 20 then, discounting for the .8% inflation rate, and the 7% opportunity cost of not investing in treasury bonds, plus a healthy hit for risk, in case things don't quite work out, YHOO is a steal at anything under $500/share.

BTW, OT, has anyone found any good sites for buying tulip bulbs? It's spring, you know.

Regards,
TK
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