SI
SI
discoversearch

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.
Technology Stocks : Banyan (BNYN $8.75) as an internet play
BNYN 0.000001000-99.5%May 1 11:25 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mad2 who wrote (711)3/9/1999 5:01:00 PM
From: Michael Seymour  Read Replies (2) of 1006
 
How do you know that Ferry has sold most of his holdings? I'm just curious as to your information source as that is obviously disturbing news. Then again, if my stock was worth $2 five months ago, $10 at the end of February, and my Company had not turned a profit since 1994, I might opt for the enhanced cash flow and liquidate some to join the option windfall party that every other CEO has been living in the past five years. If he sold in February though, that certainly means a Switchboard spin-off is not on the near horizon. I still feel that BNYN's valuations are compelling particularly in light of Infospace's (INSP) valuation. Price to sales for INSP is $90, and INSP is probably Switchboard's biggest competitor. INSP's market cap is five times BNYN's, and INSP has approximately the same revenues as Switchboard. Food for thought anyway.......still hoping........
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext