POSSIBLY OVERVALUED
Earnings release date: July 22
Expected EPS: 12
Price to projected earnings: 49.10
PEG: 2.47
Stock Price as of July 11: $23.57
Yahoo's (YHOO) stock price has been whipsawed by the prospect that Microsoft (MSFT) will purchase the company. It's likely to remain in potentially overpriced territory unless and until Microsoft CEO Steve Ballmer cuts the dithering and decides whether he wants to buy the company, acquire its search business, or walk away for good.