All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Mama Bear who wrote (16433)	3/11/2000 6:58:00 PM
From: IceShark	Read Replies (1) of 42523

Well, I'm pretty disgusted to be a member of the fraternity, quite frankly. Even the old era stuff was pretty shaky on the estimates and assumptions applied. We used to terminate forecasts or projections at year 7 or 10, since it was pretty crazy to go beyond that and the PV discount made it kinda a push that far out. Today, companies are valued on 7 year out revenues like it is a lead pipe cinch. Risk and time value are old world concepts that have no meaning today. -g-

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