RE: Yahoo is for real and not a STOCK DU'JOUR [flavor of the month meaning company with real revenues and real earnings.
I disagree, YHOO is for real AND IS ALSO a STOCK DU'JOUR. If MSFT were valued as YHOO, it would have a market cap of nearly a trillion dollars. To get MSFT's current value in perspective, for the same ~300B that could buy MSFT (with ~12B in revs), you could buy IBM, GM, SONY, FORD, for combined revenue of nearly $500B. Plus, you would still have enough change $46B, to pickup a 40% stake in INTC. As MSFT is overvalued, YHOO is beyond rediculous.
Study the Japanese market of the 80's for a good lesson on overpriced stocks, irrational exuberance, and the inevitable result.
Notable quotes (paraphrased)
"The only thing we learn from history is that we never learn from it".
"Those who fail to learn from history, are doomed to repeat it" |
