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


To: Bill Harmond who wrote (9110)4/5/1998 6:28:00 PM
From: Michael Collings  Read Replies (1) | Respond to of 27307
 
<<In any event, Yahoo is obviously a long-term story. From Cowan's report:

Internet advertising, around $900 million in 1997, is expected grow to $7.7 billion in 2002, according to Jupiter Communications.>>

William, I'll give you that and I'll even give you that Yahoo will continue to garner 7 1/2% of the total. Run the numbers......revenue would be $577.5 million, a 25% profit margin would mean earnings of $144.4 million and earnings per share would be $2.58. So we are now trading at 39.7 times 2002 potential earnings.... Is there something a little strange about this?