MindSpring Enterprises (MSPG) Another ISP. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NucTrader who wrote (381)	7/28/1998 12:44:00 AM
From: Ultimate Investor	Read Replies (2) of 1434

Even longs concede that this valuation for mindspring is absurd but they are banking on that ever present Greater Fool Theory, hoping that somebody will pay a higher price than they did. well this pyramid scheme is not going to last forever and one day the castles of sand will come tumbling down where they belong. if you compare to earthlink and other ISPs, mspg is so grossly overvalued that no fundamental valuations can justify it. And when you consider the looming competition from the big boys, you know that mspg will be hammered very soon. $1.2 billion for 391,000 customers and 175 growth in top line. This is absolutely ridiculous. This Greater Fool Theory cannot last forever. Once all the fools are in, then the decline happens.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next