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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: OtherChap who wrote (14335)10/6/1998 5:25:00 PM
From: Dell-icious  Read Replies (2) of 27307
 
P/E ratios are pretty meaningless when a company just starts making profits, as the numbers are too small to yield useful ratios. For example, when YHOO reports earnings tomorrow, assuming it comes in at 0.13 (that's 4 cents above the consensus estimates), the last 4 quarters goes from 0.15 to 0.26, and the P/E ratio comes down to 480. What's more relevant is estimated earnings and that is looking good for YHOO.
Dell-icious
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