"TAP não sobrevive se se mantiver pública", garante Pinto Luz

[Pata-Hari]

é, igual ao raciocionio bolhistico de há uns anos...nada mudou.

[Ming]

A esse nível, estas são suficientes para me inspirar... a não ligar a este tipo de baboseiras:

By applying a multiple of 25 times 2005 estimated cash flow, and about $7 billion for the value of Yahoo Japan, Yahoo's implied per-share value is $58 to $66. The cash flow calculation assumes that Yahoo grows its total sales by 35 percent over the next four years.

Yahoo's marketing services business, which accounts for 85 percent of Yahoo's sales, is the main growth driver, said Noto. He projects this business to grow by a 40 percent compounded annual rate over the next four years.

[Pata-Hari]

ming, e "He sees the fee revenue segment growing at 25 percent compounded annually over four years."? tb te inspira?

[Ming]

Bom, acho que a foto destroi um pouco aquilo que tinha imaginado...

[Info.]

esqueci do anexo.. mas mando o link

http://www.newsbios.com/images/franciscobambi00.jpg

[Info.]

LOL.. e da cara?

http://www.enterprisesoftwaresummit.com ... ncisco.htm

Cump.

[Ming]

Gostei do nome da jornalista!

[Info.]

Yahoo shares 30% undervalued?
Plus: Linktone floats Chinese boats, Shanda to price IPO

By Bambi Francisco, CBS.MarketWatch.com
Last Update: 11:21 AM ET May 11, 2004

SAN FRANCISCO (CBS.MW) -- Yahoo, which holds its annual analyst gathering this week, saw its shares rise 3 percent Tuesday after Goldman Sachs said that shares of the media company were 30 percent undervalued.

Based on Goldman Sachs' forecasts, Yahoo's (YHOO: news, chart, profile) estimated earnings yield a 40 percent compounded annual growth rate through 2007, according to a note issued by Goldman Sachs analyst Anthony Noto. Cash-flow estimates could actually grow at an even faster clip of 45 percent compounded annually, Noto estimated.

At $51, Yahoo is trading at 20 times 2005 cash flow estimates yet it's on track to increase its cash flow twice as fast, he pointed out.

Yahoo rose 3 percent to $53.

Noto said his valuation is based on several methodologies. By applying a multiple of 25 times 2005 estimated cash flow, and about $7 billion for the value of Yahoo Japan, Yahoo's implied per-share value is $58 to $66. The cash flow calculation assumes that Yahoo grows its total sales by 35 percent over the next four years.

Yahoo's revenue is made up of three businesses: marketing services, which include online branded advertising and paid listings; fees, which include Yahoo's e-mail, dating and Internet access business; and listings, which include Yahoo's job recruiting business.

Yahoo's marketing services business, which accounts for 85 percent of Yahoo's sales, is the main growth driver, said Noto. He projects this business to grow by a 40 percent compounded annual rate over the next four years.

He sees the fee revenue segment growing at 25 percent compounded annually over four years. He sees Yahoo's listing business growing 15 percent annually.

Yahoo holds its analyst day this Thursday in San Francisco.

Yahoo shares were not the only ones moving higher in Tuesday's market. Most Net shares were posting solid gains. United Online (UNTD: news, chart, profile), which holds its analyst day on Wednesday, saw its stock rise 3 percent, as well. Amazon.com (AMZN: news, chart, profile) and eBay (EBAY: news, chart, profile) were up better than 2 percent each.