>>As far as earnings go, with a current market cap of $500 million, how many years do you think it will take COOL to earn $500 million?<<
Let the games being.. Show me an internet stock AND a technology stock where the annual gross = their market cap. Lets start with GOOD companies like Lucent, Cisco, Intel, Altera, Xilinx, Linear, etc. for tech stocks, and lets start with Yahoo, Amazon, etc... (didn't they say that YHOO passed up SEARS in market cap ? I didn't check).
IF the market gives COOL the same market cap ratio as Amazon.com (which BTW is 11 Billion give or take) and using 100 million in gross annual $$$ for COOL, what would the stock price be ? Somewhere in the $90 ballpark ? (depends on the net). Even IF the market only gives COOL 1/2 the market valuation, still a $40 stock.. If you AXE me, COOL under $25 is buy and over $25 start taking profits. No doubt that this is going to be a roller coaster, even if it drops back to $15, I would bet we would see a ride from $15 back to $30. COOL is in the early stage of the ballgame and this stock will drive you nuts with the movement.
Pirate
P.S. How many are itching to see what happens next week ? <g>
P.S.S. Did you Amazon's earnings history. Their gross income is soaring, but their net gets worse each qtr. They must be spending a bundle on advertising and such. Crazy... |