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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (21331)	7/7/1998 7:44:00 AM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 94695

Just some interesting snippits. From post #5070 on Asian thread. << Dreman believes AOL's current valuation will require a 50% earnings growth for the next 18 years. To deliver those kinds of profits, Dreman estimated that AOL will need to increase its customer base during the next 18 years from about 12 million subscribers today to about 18 billion, or more than three times the current global population. As for Yahoo, Dreman crunched the company's numbers on the assumption that its earnings would grow at an incredibly furious rate during the next 25 years. Even in that rosy scenario, Dreman assigned a $4 value to Yahoo's stock. The Internet directory's stock was trading at $115 yesterday." >> And since some were talking about the Y2K problem being all hype. nypostonline.com << ...some of the price-cutting may not be intentional Fourth of July sales at all. Some of it may be totally unintentional Year 2000 sales. That's right. Although there are still 546 days until the year 2000, the millennium bug has already started disabling the world's computers. ... The store regularly programmed its bar code readers to discount a product after it had not sold for 21 months. But because 21 months from now is in the year 2000, the system became confused and, assuming these products had been sitting around since 1900, slashed their prices.