Dorsey Wright & Associates. Point and Figure Message Board

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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Rich1 who wrote (3572)	12/23/1999 7:33:00 AM
From: Margaret Mateer	Read Replies (2) of 9427

Hi Rich1 and Jerry, did some dd on pcclf after getting emed on this one yesterday - wasn't easy as information on this stock is sketchy but it seems that pcclf at $3.00 will have a market cap of about 18 BILLION - that means there must be 6 BILLION shares fully diluted - whatta float! 5% of cmgi = 1.7 B 23% of sofn = 90.5 million 25% of silkroute = ? 3% of clrn = 66 million 20% of stareast = ? plus some other investments but remember they have given up some of the co too you could stretch it and say they have investments worth 3 B. "Goldman Sachs analyst Rajeev Gupta expects it to keep rising in 2000--and revenues to soar to $3 billion in 2004, vs. $31 million in 2000." I'm not getting why we should buy into this co- ok so its a double from here. :-) what the heck do I know??? this market is insane. I'm sure the ceo Li is a winner though and the man who is ordained by the East to make this happen. why is it so pricey though? 31 million for 2000 revs? that is approaching 100x year 2000 revenues!!!! I hope someone can set me straight on this one - correct that math. I'd love to be an owner of the eb2b of the east... Peggy

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