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Technology Stocks : RMII

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To: Stephan A.Morse who wrote (149)6/14/1998 9:01:00 PM
From: Chris Phillips  Read Replies (1) of 345
 
Based on my calculations with the ICC aquisition RMI will be doing $42M a year in revenues and based on the number of shares outstanding and the current price they will be trading at about 2X revenues which is low compared with other ISPs. I think the stock would reflect a higher multiple of revenues based on the ICC deal.
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