Bridges.com (T.BIT) Message Board

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

BIT 13.03

+0.9%

Nov 21 4:00 PM EST

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To: F. Evans who wrote (161)	1/28/1999 8:45:00 PM
From: Rick Adrian	Read Replies (1) of 1249

Frank, given that the majority of the company's cost do not vary with the number of subscriptions, Bridge's profits are poised to grow dramatically over the next year and beyond. Based on management's projections for new subscriptions and diversified revenue streams, the company should generate earnings of about 2 million or 20 cents per share in fiscal 1999. Now comes the fun part, what price/earnings multiple do you want to attach to this figure, a very conservative multiple of 15 gives you a $3.00 share price or should we use the current p/e that most net companies are trading at 50 - 60 - 70? You can do the math. Your guess is as good as mine. Rick

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