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


To: Dave Mansfield who wrote (21707)5/12/1999 8:39:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 27307
 
Dave,

>> Perhaps but a p/e of 4 digits is not sustainable.

Very reasonable statement. But how does it stay sustained for so long now ?? A year ago Yahoo was one tenth of its current market cap. Since then earnings have increased a very negligible amount. But its price went up ten-fold. Is there any explanation that does not make unflattering assumptions about share buyers ?



To: Dave Mansfield who wrote (21707)5/12/1999 9:34:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 27307
 
Correct me if I'm wrong, but Yahoo had a higher P/E at this time last year than now, and operating margins were less than half of today's.



To: Dave Mansfield who wrote (21707)5/12/1999 11:11:00 PM
From: larry  Read Replies (1) | Respond to of 27307
 
I think that YHOO! earned 33 cents for the last 4 quarters, so the trailing PE should be around 500, instead of the 4 digit you claimed.

The PE ratio, market cap etc. listed in YHOO! finance site are often wrong.

larry