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Technology Stocks : GBIX: an Internet leader

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To: Edwarda who wrote (51)7/26/1999 2:08:00 PM
From: The Other Analyst  Read Replies (1) of 144
 
redherring.com

This article argues that ISP values in the private market are about 2 times revenues. Stock market valuations were in the 5x to 16x range at the time of this article (March 99). So owning an ISP because you think someone else will buy it at a higher level seems.....wishful thinking.
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