yahoo stock price 1997

Growth (1997–1999) In the late 1990s, Yahoo!, MSN, ... Yahoo! "All you need is the littlest hype, and it will run up. This is uncharted territory not just for Lise Buyer but for everyone: for the day traders who have helped run up the stock so far and so fast; for the short-sellers who've gotten killed again and again on Yahoo; for the retail investors deciding whether to take the plunge; even for the pros at Fidelity Investments, who by the end of last year held close to 1.8 million Yahoo shares. Recent Quotes.

In just five weeks, Yahoo ran up 82%.

Broadcasting is eight to 12 times cash flow.

"Yahoo has become a blue-chip stock because Yahoo is a blue-chip company," adds Jaime Kiggen, an Internet analyst at Donaldson Lufkin & Jenrette. Yet she concedes, "I still can't make the math correlate with the stock prices." How did we get here? International. — Consumer, Regions and Technology.The Regions group operates three regions: • Americas, APAC, and EMEA. He was horrified by Internet valuations.

None of that entirely explains why he's of late been loading up on Yahoo and other Internet stocks: "I buy these stocks because I live in a competitive universe, and I can't beat my benchmarks without them."
What is different for Internet companies is that IPOs are far more about publicity than about raising capital. YHOO's second split took place on August 03, 1998. Yahoo was one of the first he wrote up. T. Rowe Price is a legendarily conservative mutual-fund complex, the kind of place where such traditional measures of value as price/earnings ratios are paramount. "What if I took the market value of an Internet company and divided it by monthly page views?" Some analysts liked revenue per customer measures, while others pointed to the growing number of visitors to the Websites. On the Net, Yahoo is an 800-pound gorilla. So in early July, he downgraded Yahoo, along with AOL, to "hold."

Most of all, a Net company's valuation has much to do with how it is perceived in the industry. "Without these guys, Yahoo would be at a third of the price it is today. "When the Net became popular, you had thousands of people putting most of their money in these stocks." Valuation concerns.Are there any holdouts left?

They made cash-flow estimates five or six years into the future, then worked backward to the present.

"But now is not the time to worry about that--at least not on Wall Street. "There is not much you can do about them," he says.If the performance of Yahoo the company has been spectacular, the performance of Yahoo the stock has been unearthly, even surreal. On the one hand, most of these new metrics were laughable--what did they actually measure? View daily, weekly or monthly format back to when WHARF REIC stock was issued.
But compared with CNET, it didn't look so bad at all--in fact, you could argue that it was undervalued!Which still begged the question that forever hung over Yahoo: How did you explain its valuation?

So are Mellon Bank, Chase Manhattan, and State Street Bank. In the first quarter of 1999, Yahoo earned $16 million on $80 million in revenues. News. With 80 million shares now in circulation, says a hedge fund manager, "you can buy a 25,000-share block now without much trouble. Two competitors, Lycos and Excite, had announced plans for IPOs, and Koogle felt Yahoo couldn't be left behind.

Markets. Founded five years ago by Jerry Yang and David Filo, two Stanford grad students who created a Web "directory" more or less for fun, Yahoo today is widely considered one of a handful of companies destined to dominate its portion of the Internet "space." But Walberg did not instantly warm to Internet stocks.