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To: PeterGx who wrote (5042)12/24/1997 1:09:00 PM
From: Oeconomicus  Respond to of 27307
 
PeterGx, I think Roberts point, intentional or not, was that to buy YHOO today you'd be paying 33 times 2002 earnings, even if they do manage to double them every year for five years. He's right, of course, that it makes no sense to pay that even if they can achieve that growth.

Happy Holidays!

Bob

PS: Why does it take NASDAQ so long to release short interest. It's measured on the 15th just like NYSE, but they release it much later.


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