<<P/E's of 100, 200 or whatever they are on YHOO are simply not sustainable and I seriously doubt YHOO's ability to grow into them. Fifteen cents a quarter is just not worth $100.>>
Since I quoted Mr. Benjamin before I'll stick to his statements, again made on Friday 10-9-98:
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"We expect to be able to raise our estimates(on YHOO)
dramatically over time, which will allow us to raise our price target
above current trading levels."
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I'm not as knowledgeable as Mr. Benjamin, but I doubt he knows for sure just where YHOO will be in 5 years, nor do you, nor do I KNOW...but I think there is a lot of supporting evidence to suggest, to me anyway, the big will get bigger....Because of that I've got my money riding on that, and plan to dollar cost-average over the next two years buying, on my belief YHOO, that as the song said, "we've only just begun"...In 5 years it will be interesting to see where my belief has gotten me...Either I'll be very rich, very poor, or somewhere in between....I'll certainly find out though.
Regards, George
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