The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MythMan who wrote (6690)	9/22/1998 11:15:00 AM
From: Joseph G.	Read Replies (1) of 86076

nah - they back out acquisition costs. It's like I buy a house for 100k, and rent it for net 5k/year - and say 5k is free money on nothing. Got to count cost of doing business too ... If anything, the accounting scam they play makes P/e = 75 not real - they got no free cash flow ... most money they make comes from employee option exercise - nearly pure pyramid scheme.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next