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


To: Paul Merriwether who wrote (19743)2/5/1999 4:41:00 PM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
...Don't think Peter Lynch ever said that! P/E

It was in the opening chapter of one of his books -- specifically Perot's old company EDS had a P/E of about 500 sometime in the 70's.

...is(or should be) a function of growth rate

Wasn't it the Motley Ghouls that said that?

Here is YHOO's currently estimated growth rate from Yahoo! Quotes:

Consensus Estimates
This Quarter (Mar 99) 0.16
This Year (Dec 99) 0.72
Next Year 0.93

From 0.72 to 0.93 isn't even close to a P/E growth rate of 500 or so.

...You should read "Yankee in King Arthur's court"

Never read it. I did read L'Morte De Arthur however.