SI
SI
discoversearch

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 : S1: Doing Business in a Dot Com Depression, -V1

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug (Htfd,CT) who wrote (707)1/25/2000 11:37:00 PM
From: Charlie Smith  Read Replies (1) of 1013
 
Doug:

No argument with growth to date from a tiny base. In fact, just 2 more quadruplings from here (the final iteration from a much higher base) and SONE would then be selling at the bargain price of three times revenues (First Data sells at just under 4 times), assuming a flat stock price for SONE.

And how long might this miracle of compounding take? I don't know. IF it does, it probably won't happen in a nice neat fashion which prohibits purchase at some point in the future at a much more reasonable valuation. Check your chartbook. There are lots of failed "ruler" stocks out there, some with even better pedigrees than SONE.

Charlie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext