ATHM --- 5 Years from Now? [1] If the "hype" continues, $45,000 [2] If it capture only 20% of market, $1,200.
======================================================= [1] AOL --- split 6 times last 5 years (64x share #) 5 year performance 111x Cap Size = 117 B (as march 25,99)
ATHM --- not yet split 20 months (=5/3 years) performance 6.7x (extrapolation = 6.7*6.7*6.7 = 300x Cap Size = 18.75B (as march 25'99) x 300 = 550B (=5/4 MSFT now) which equal $45,000 a share
======================================================= EPS Growth for the next 5 years from Yahoo Research
ATHM 57% (why this low <good change to beat the estimation>? I thought last year we had 600%, this year looks like 400%) AOL 50% ======================================================= [2] If the internet community 3x in 5 years (to 150M+ people online) can ATHM take 20% of them? (30M) If it will, then it should worth about the same Cap size as AOL today, that will give ATHM @ $1,200.
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If AOL is no hype, why is ATHM?
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