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To: Shack who wrote (56510)	1/10/2001 7:19:36 PM
From: Hobie1Kenobe	Respond to of 436258

<<This stock should be in the single digits. It all takes time I guess.>> Peter Eavis from the Street.com agrees.... The hard question for investors is how to value Yahoo!'s shares now. At Wednesday's close, Yahoo! was trading at around 50 times expected 2001 earnings of 57 cents. If Yahoo! ends up making 38 cents in 2001, it now has an even more lofty price-to-earnings ratio of 65, using the $24.50 stock price currently seen in after-hours trading. Clearly, the stock should fall further from here. At a more realistic 2001 P/E of 20, the stock would be trading just under $8. Consider that the potential downside from here. thestreet.com