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Technology Stocks : The Panda Project (PNDA)
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To: Mitchell Ryan who wrote (826)2/5/1998 5:47:00 PM
From: Mike Farmwald   of 1521
 
<After all, for a company with virtually no revenue, shouldn't the market cap less net tangible assets
represent the perceived value of the intellectual property?>

Apparently the equation includes the value of the hot air
eminating from Stanford.

Mike
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