Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (34633)	1/10/1999 12:02:00 AM
From: Q.	Read Replies (1) of 95453

re. <<five companies (FGI, RDC, PGO, VRC, RIG) ... had sales of three billion, three hundred and eighteen million dollars. I hate to belabor the obvious, but that is 550,000,000 times the sales of EBAY>> Uh, did anybody else notice the arithmetic goof in this post? It's a whopper. EBAY had $30 M sales in the trailing 12 mos. The $3 B sales for the 5 oilpatch stocks amounts to only 100 X that of EBAY. Which is 5 million times less extreme than indicated in Big Dog's post. I'm not belittling the absurdity of internet valuations, and I agree with Big Dog's point. But I wonder if maybe the 0 key on his keyboard got stuck ;-)

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