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To: 16yearcycle who wrote (35016)1/14/1999 10:22:00 PM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 


It is dangerous that everyone here is burying them. Even in a normal market,a 300% grower will sell at 200+ times expected earnings. The stock gets killed when growth slows. So the stocks need to come down, say yahoo to 250-300, but I would expect it to renew it's upturn until rev/earnings growth slows significantly. Then you'll see the sub 70 pe on 100% growth which would currently drop the price on yahoo another 80%. Yahoo! indeed.


Why the change in analyst's recommendations all of a sudden?

Glenn