Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (47655)	4/10/2003 8:58:17 AM
From: Ron McKinnon	Respond to of 53068

>>> then again, you probably view this as more shorting ops. ggg larry son, any stock can be a shorting op as the porcine Texan says, it is just a matter of time and price

To: Larry S. who wrote (47655)	4/10/2003 9:04:28 AM
From: DanZ	Read Replies (4) \| Respond to of 53068

Yahoo earned 18 cents per share in 2002. They are projected to earn 30 cents per share this year and 41 cents per share next year. Based on that growth, it would seem to me that the stock is way overvalued at 15 times sales, 76 times the 2003 earnings estimate, and 56 times next year's earnings estimate. Yahoo's revenues were up 33% last year and their earnings are projected to be up 36% in 2004 from 2003. The stock isn't worth the multiples that it is trading at. One of your favorite stocks is YHOO; one of my favorites is MTXX. I realize that MTXX is a small cap in a totally different industry then Yahoo, so they can't be compared directly...but it makes no sense that MTXX trades at 2.6 times sales with two year's of 40% plus revenue growth under its belt, and earnings projected to increase about 85% this year (based on the company's guidance), whereas YHOO trades at such astronomical multiples with less growth. What it comes down to is that YHOO is followed by Wall Street and MTXX isn't. That will change soon enough, and when it does MTXX will trade a lot higher than where it is today. I'd even be willing to bet that MTXX outperforms YHOO over the next year. lol