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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: Smart Investor who wrote (14954)11/4/1998 5:03:00 PM
From: craig crawford  Read Replies (1) of 27307
 
>> How can a company command a price/sale ratio of 70 without making a dime so
far? <<

I think you are too generous with your P/S calculations:

YHOO fully diluted shares = 114.456 million
YHOO closing price = 151 3/8
YHOO fully diluted market cap = $17.325 billion
YHOO TTM sales = $150.1 million

YHOO P/S = 115!

When is YHOO going to add tulip quotes to their finance page?
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