WR's Momentum Trades 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.

Strategies & Market Trends : WR's Momentum Trades

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Currency who wrote (2617)	1/15/1999 7:41:00 AM
From: Wayne Rumball	Read Replies (2) of 11130

In it's present condition DNET is extremely overvalued. Doesn't me it can't run further, just extremely overvalued. They also don't seem to be afraid of printing shares. SOS went from 6 million to 16 million Sept '97 - Sept '98. Odd there was no filing about it. Looks like it may have been conversion of preferred shares. LEts make some comparisons; Price Relative to book Value YHOO 344 77.5 X DNET 1.5 37.5 X VDAT 16.5 18.8 X RNWK 50 20.6 X While I think everyone can agree DNET will never become a Yahoo, most would probably agree that they should trade in relation to either their parent or a similar business. Could run, but risky at best. I would say that for all of the above as well.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next