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To: Eric Wells who wrote (89689)1/4/2000 3:30:00 PM
From: Greater Fool  Read Replies (2) | Respond to of 164684
 
The price limit is the total amount of wealth in the equity markets divided by the number of Yahoo shares in float.

Last I checked, there's about fifteen trillion dollars in the equity markets. There are about a hundred million Yahoo shares out, and so the Yahoo price target is $150,000 a share. Not bad for a company whose margins exceed sales.

Note I said "target", not "limit", as I firmly believe Yahoo stock will consume all available capital.