Yahoo is now $43.50 and over 40 million shares have traded so far. Are the big mouth fund managers that appeared on bubble tv running for cover. I remember them shouting when yhoo was $30 " sell yahoo is only worth $20"
I think it's getting close to being a great short. They made a dime last quarter. So should it be trading at around 100 times (or more) earnings? Expected 3 year growth is 30%. Seems like we're heading back to 1999-2000 and some of the outlandish multiples.