Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Mr. Big who wrote (68971)	1/29/2000 7:52:00 AM
From: lurknomore	Read Replies (1) of 108040

INTA --- considering buying a whole lot more and socking it away for 6 or 9 months....is there something wrong with this math: INTA owns (or will own at a dirt cheap price) 1.4 mill shares of IWAV- at current $37 per share, that's about $50 mill. INTA also owns almost 70% of mamma, which will go public in 6 months or so. Based on # of users, page hits, etc., mamma is growing like gangbusters. (does anyone have stats on how mamma's hit count compares with the "big" search engines??) Anyway, even a modestly valued mamma can't end up with a market cap of less than $250 mill to $500 mill. With INTA owning at least 60% post-IPO, that's another $150 mill to $300 mill worth of stock owned by INTA... Well, INTA's market cap is now about $160 mill, even though it's ownership of IWAV (and later mamma) will easily exceed this number. This doesn't account for INTA's other holdings or it's own business. Assuming (a bold assumption) that net stocks don't continue to go absolute el tanko in coming months, how can INTA not double or triple??? Would love some advice!!! Thanks.

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