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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: Jeff Dryer who wrote (15034)11/10/1998 1:19:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 27307
 
Give Yahoo a 75 P/E on Year 2003 results, and you get a price of $337.50 and a market cap of $67.5 billion in Year 2003. Calculations: 900 million Net Income x 75 P/E divided by 200 million shares = $337.50

and $337.50 minus current $164 = $173.50 gain; or 106% (173.5/164) over a 5 year period. 106%/5 = 21% per year over a five year period. What has the S&P done over the past 5 years? I know 1997 was close to 22%, which was less than 1996.

So, do you rate the stock "market performer"? <g>

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