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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (11098)4/11/2002 11:00:19 AM
From: techanalyst1  Read Replies (1) | Respond to of 57684
 
But Bill.... look at the valuation on Yahoo. Look at p/s and forward pe. Yes... they're going to grow, but that doesn't mean it should trade higher until earnings and revenues go up.

Say that they never had a stock split. Then the stock would be 12 times higher. Would we think that it's a great price? I wouldn't. I think it's upside is limited to the recent highs until revenues and earnings go up.

TA


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