Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Money Maker (MM) who wrote (21238)	4/8/1999 10:53:00 AM
From: J.S.	Read Replies (1) of 27307

MM, Whether its 2002 or 2010 does not affect the point that unreasonable high P/E multiples while based on future earnings projections can't use the future earnings projection itself in the denominator. As for your 2002 target, this suggests that they should be at about 250 million by year end 2000 (even on an unsustainable exponential model). That puts your projection as double the highest analyst projection: biz.yahoo.com As for Gene's original points. It seems that in his later posts he admits that even under the most optimistic projections some investors will be left holding the bag. This is the greater fool model pure and simple. Good Luck, Joe

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