this is a $20,000-$30,000 stock- mark those words. i will never sell this stock under within our current situation. whereas AOL's web page reads is closely tied to its customer base and adoption of new AOL customers- YHOO is free to grow its reads by the growth of the internet in general. this is a very powerful point. as the internet grows, competition will grow and so will yhoo. this stock is way undervalued in my opinion.
also, as yhoo continues to repeat positive net earnings performance- institutions and funds will start to become more involved. another thing, yhoo now has positive cash-flow and can finance its purchases with equity, debt or just cash. it will continue to buy marketin companies and increase its strength and reach. as i stated friday, as computers now sink to $500- this will spur even more growth on the web and more growth for YHOO and competitors.
i don't even have children and this one is now being put away for them.
i will tell you....i studies at one of the best MBA schools in the country and have worked doing corporate valuations...and for 2 years i had avoided looking at YHOO as people told me it is valued at an absurd multiple of sales. wow! did i make a mistake by listening to them. i suggest that anyone that knows how to do a discounted cash flow analysis take a look at yhoo.....$20,000 to $30,000.
i have never been this exuberant about any stock- ever. this one has all the ingredients though. huge market potential, huge growth rate, huge margins, one of the first profitable internet companies, first-mover advantage, strong management performance, almost no cost of goods (kind of redundant), good service, quickly improving balance sheet, vision, etc.
now, i just wait for my bonus so i get a few more shares.
good luck |
