Adjusting for splits (3 for 2 split 9/97 and a 2 for 1 split 8/98), Yahoo was selling for $10.25 on Friday May 10, 1996.
YHOO closed today at $164.75... a 1500% gain in 2 1/2 years.
Yahoo's current market cap on fully diluted shares is $18.86 billion.
YHOO Profile
techstocks.com
Many of the issues/concerns Ben raised back on May 11, 1996 were worthy of consideration. However, Yahoo still has a one of a kind search directory, #1 Web brand name and momentum.
With eBay, Excite, Netscape, AOL, Microsoft, Lycos, Infoseek, C/Net, and even Go2Net competing in the same space offering similar services, will Yahoo have competitive problems going forward, or will most Web companies continue to benefit from the growth of the Internet?
Net Profit margins of 30% (excluding one time charges) during the next year seem achievable for Yahoo, but what about years 2, 3, 4, and 5?
Does anyone have Revenue and Net Income estimates for the next several years?
Price Predictions? |
