There is a good post on Yahoo's board posted by lillucky. Let me take the liberty to post it here, because it is nice to see the whole comparison between YHOO, SEEK, XCIT and NSCP on 1 screen. Happy trading. May 4 1998 11:13PM EDT
Congratulations to all of you NSCP investors. You made the right decision. I just became NSCP investor today. I took me a while to decide which internet stock to buy, frackly all of them are way over valued, but I picked NSCP. Here are the reasons:
YHOO # of shares total = 46 mil. # of shrs float = 7 mil. Mkt cap=$5.3 billion. Sales=$90mil.
LCOS # of shrs total=16mil, float = 7mil Mkt cap= $900mil, Sales=$37mil.
XCIT # of shrs=22mil, float= 7mil, Mkt cap=$1.5billion, Sales=$67mil.
NSCP # of shrs=98mil, float=46.3mil, Mkt cap=$$2.78 billion, Sales=$533million,
I looked at the mkt cap & their sales (revenue, not earning & used their mkt cap devide their sales. You get some wild #s.
YHOO is 57 times, LCOS is 25 times, XCIT is 23 times, NSCP is 5 times,
These #s simply tells which of these stocks are most over valued. So NSCP has the highest sales (revenue) & most reasonable price. In another word, YHOO has to grow 9 times to be the size of NSCP, but its mkt cap is already twice as big as NSCP. So too much air in the YHOO price. Eventually, YHOO will come down to be at comparable level as the others. The XCIT & NSCP alliance will put YHOO in the 2nd place right way.
Lukys |