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Technology Stocks : Madge (MADGF)
MADGF 5.300-5.1%Oct 31 12:51 PM EST

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To: candleLight who wrote (3346)7/9/2000 1:21:36 PM
From: Madharry  Read Replies (1) of 3379
 
2 more things- with respect to madgf- it has book of $88MM and cash of $28MM. Present market cap is $186MM. Annual revenues from Madge.net are running at least at $30MM and probably much higher. RNWK sells at 16X Book and 50X Revenues. With those numbers it could buy Madge net for $600MM and it would be accretive.
With respect to MRVC- I believe that MRVC will take off once the Luminent/Zaffire offerings take place. MRVC has no large brokerage coverage to speak of, no one is convinced it is actually going to do what it says and that there will be a strong market for its ipo-s once that happens there will be some rich people on the MRVC thread. So it may well pose a dilemma for me in terms of how I am willing to let my MRVC percentage of my portfolio go. But it is a problem I am looking forward to having. My guess is that I will be selling out of the money options eventually to reduce my risk.
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