well, if you consider companies with no earnings, NO REVENUES, NO BUSINESS MODEL and NO FUTURE, like ICGE, INSP, etc were valued at $ 55 billion and $ 25 billion respectively at the top, and even decent companies like YHOO or JDSU have HALF ETRADE'S REVENUES, SIMILAR GROWTH RATES, AND YET ARE VALUED AT $ 100 BILLION, well, then the answer to your question could be anywhere from $ 14 billion to something closer to SCHWAB's.
___
"What is a fair value for a co. with no earnings? EGRP will get a higher valuation when it has some earnings" |
