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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (1022)4/10/1998 4:07:00 PM
From: Pauly  Read Replies (2) | Respond to of 4903
 
The trailing twelve months PE doesn't mean diddly. It's future earnings and sales that count.

Maybe YHOO is on its way to being a future blue-chip, like coca-cola or microsoft, with a $200 billion market cap. I don't think that's an exagerration...you just know one of these internet companies will bust through..why not YHOO? Is there any doubt that there will be an internet company one day that is as much of a colossus as coke? Nope.

If YHOO has a $200 billion market cap in 10 years, then the stock price today is a bargain. With that frame of reference, who cares about the price-to-earnings or price-to-whatever>?

Paul