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To: Oeconomicus who wrote (5885)1/8/1998 12:12:00 AM
From: Rational  Read Replies (1) | Respond to of 27307
 
Bob:

But, Craig's rationalization illustrates the momentum play, making the Softbank CEO a billionaire (in US$) on paper, until you succeed in hijacking Yahoo! down the ski slopes (the CEO can still be a billionaire, in yen). <G>

Sankar



To: Oeconomicus who wrote (5885)1/8/1998 12:12:00 AM
From: craig crawford  Read Replies (1) | Respond to of 27307
 
<< And they don't sell at 65 times sales. >>

Maybe not anymore they don't. They range from 8 to 50 times larger in size so it would seem logical that they can't have P/S ratios as high anymore.

<< Craig, CSCO, DELL and MSFT actually produce and sell tangible products of known utility >>

YHOO has a great service. Kind of like H&R Block did with their tax preparation or ADP with their payroll service. Those stocks flew up too.


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