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


To: J.S. who wrote (21138)4/7/1999 6:59:00 PM
From: Money Maker (MM)  Read Replies (2) | Respond to of 27307
 
J.S., you didn't get what Eugene wrote.

Read also #3.
3. Earnings would likely surpass 1 billion.

So, based on O/S I read on quote.yahoo.com which are 200.5 million shares, an earning 1 billion will equal to $4.987.
so, a P/E 100 will bring YHOO to $498.7/share.

I don't say I agree with Eugene's prediction number.
I have my own prediction. I think, a market cap 100 billion will be the magnet on YHOO price. Hmmm....100 billion divided by 200.5 million share equal to $498.7/share. Wow....what a coincidence....:)
A few months ago, many investor doubt AOL will hit 100 billion market cap. Take a look on it now. Almost 150 billion in market cap.

Now, I am waiting for upgrading on YHOO by many internet analysts.
I guess, the new 12 months target should be around $400-500 then.

Good luck to everyone.

MM