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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.10+5.4%3:59 PM EST

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To: Sir Auric Goldfinger who wrote (617)11/30/1998 1:37:00 PM
From: Jeff Dryer  Read Replies (1) of 28311
 
Alan Abelson writes the following in his Barron's column:

"Now, a rough estimate of Yahoo's market capitalization is $25 billion. The stock is thus selling at approximately 120 times this year's revenues and around 80 times next year's.

What this means simply is that Yahoo stock currently is discounting 80 years of revenues."

This last sentence doesn't make any sense. Does it to you?

Alan's sense of humor???

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