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

To: phbolton who wrote (11745)	7/6/1998 4:19:00 PM
From: Saeed Al-Bahhar	Respond to of 27307

Yahoo is trading around $197 Last availabe quarter earning is 8 Cents that will make $0.32 assuming same earning for 4 quarters. Therefore P/E = 197 / 0.32 = 615 that means you will break even after 615 years, or that is how long it will take you, as owner of yahoo, to recover your money. Of course I am assuming a steady earnings which may not be right. I myself thinking of shorting the stock, but not till I send more money to my broker which takes about two days using draft check from UAE to US. Good luck everybody and remember Dec 95 when all Internet stocks gaining around 10$ daily. NSCP, UUNET, .... Saeed