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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Director who wrote (24441)11/15/1999 11:33:00 PM
From: Moose  Respond to of 27307
 
Calculate a forward looking P/E and reconsider the position.

Uh... hang on, I just did. At current growth rate, I get a P/E of 447. About 400 percentage points higher than expected.

I think it's the elusive secret weapon they have... interactive TV/Broadband/convergence thing. Any day now, it will be announced - heck, maybe this week at Comdex.

In all seriousness (and the above paragraph was intended to be roughly serious as well), I think the growth projections are WAY conservative. Not P/E 447 conservative, but definitely lower than I expect.

Moose
(I own contracts)