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

To: RJL who wrote (25909)	10/11/2000 8:20:00 AM
From: playavermont	Read Replies (1) \| Respond to of 27307

$16/share earnings in 2005????? Please... That is $8.8 BILLION in earnings... I think if they hit $7 Billion in REVENUE in 5 years it will be great... They will be a $4 Billion company in 3 years with 35% net margins...This is based upon yearly revenue growth rates of 65%, 50%, and 45%.... Assign a 70 P/E to their 2003 after tax earnings of $1 Billion and you have a discounted valuation of $70 Billion. Thus, fair market scenario when the markets allow them some slack is a price of about $130/share in the next 3-6 months. MHO!