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Technology Stocks : StorageNetworks, Inc. (STOR)
STOR 32.210.0%Feb 3 4:00 PM EST

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To: $Mogul who wrote (65)8/23/2000 10:29:08 AM
From: The Other Analyst  Read Replies (1) of 187
 
No, the market cap to 2001 revenues is NOT 10x. It is closer to 100x! And that's way too high in my opinion. Market cap is near $10 BILLION. (90mm shares x $108 =$9.7 billion) Projected revenues for 2001 of $107 million. 9.7 divided by 0.107 = 90.7 multiple of market cap to projected revenues. This stock is way overvalued, and headed lower regardless of what Goldman Sachs says, thinks, or does.
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