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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Louis V. Lambrecht who wrote (39462)7/11/2001 5:02:11 PM
From: stan_hughes  Read Replies (2) | Respond to of 100058
 
About the YHOO - ya gotta luvit when you get ranged by management as wide as "from .02 to .06 eps for 2001", especially when it's already the middle of July and half the ponies are in the barn already.

Let's see now, $18 a share divided by .06 equals a P/E of 300, and they like it. No matter how many times I go through this exercise, I'm always fascinated by my lack of comprehension of what's at work here.

And people wonder why anyone would rely on TA to trade Nasdaq instead of fundamentals.....