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

To: Dave Mansfield who wrote (18350)	1/17/1999 12:18:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 27307

Let's see. $0.70 for 1999 earnings, current price of $317. That's a P/E of just over 450 on a going forward basis. The trailing P/E is just over 700 based on 1998 earnings of $0.45. Expected growth in earnings based on the above 55.6%. And earnings expected to slow after 1999. So for a stock whose growth is at 56% and expected to slow, it earns a trailing P/E of 700 and a forward P/E of 450. OK, now I get it! Dave, You know me from being short over on the AMZN thread. Could you explain it to me? I just wish to make some money. Glenn