Bridges.com (T.BIT) Message Board

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Gold/Mining/Energy : Bridges.com (T.BIT)

BIT 13.12

+0.7%

Nov 24 4:00 PM EST

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To: Sili Investor who wrote (75)	1/27/1999 8:27:00 PM
From: LABMAN	of 1249

SILI INVESTOR Most internet companies trade for 20 to 100 plus future annual revenue for example Amazon trades for 38.94 times annual revenue yahoo trades for 185 times annual revenue at home trades for 261 times annual revenue the projected revenue conservative for BIT IS $ 6 MILLION FOR 99 LET USE A CONSERVATIVE FIGURE OF 20 TIMES REVENUE for valuation purposes = 20 x 6 = $ 120 million divide that by the no of shares 10 million fully diluted = $ 12 a share if we use earnings mulitiple , very few internet companies are making any money , the ones that are are valued at 50 times projected earnings , projected earning for 99 is approx 20 cents a share conservative, times that by 50 = $10 a share the stock is currently trading for $ 2.00 this so grossly undervalued that it is unbelievable , the market is only beginning to realize this. this company is now growing biologically and don't be surprized if they exceed their annual revuenues and earnings . I hear that the company is thinking of a NASDAQ listing lm lm

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