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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: TheBigB who wrote (7943)3/6/1998 4:04:00 PM
From: wmf  Respond to of 27307
 
Maybe rather compare it to the NSCP of 1995 ? Probably that gives you the better guidance for the future of YHOO ...... :-) !!



To: TheBigB who wrote (7943)3/6/1998 4:17:00 PM
From: Don Westermeyer  Respond to of 27307
 
Perhaps we can compare it to MSFT then ?
Price 82. Earnings = $2 and growing at a faster rate quarter to quarter than yhoo ?


If you take the view that money is money, no matter where it comes from, look at some of the oil drillers and support. Example:

TMAR (Trico Marine).

Earnings $2.82, Earnings growth rate 32%. Using the Yahoo evaluation method of current price = earnings 5 years out the price should be 1.32^5 * 2.82 * 32 (PE = Growth rate of earnings in 5 years). That equals $361/share!. The current price is about $20. Of course sentiment is currently bad in the oil sector and earnings don't matter either.

Eventually the sentiment will turn away from the i-net sector, then guess where YHOO stock will be trading at. Even given a generouse P/E of 100 (for that 100% growth one keeps hearing about), that give YHOO a stock price of $16 for this year and $33 for next year.