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Gold/Mining/Energy : Bridges.com (T.BIT)
BIT 13.11-0.7%Nov 14 4:00 PM EST

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To: Spark who wrote (473)3/9/1999 5:15:00 PM
From: LABMAN  Read Replies (1) of 1249
 
spark

the projected earning for this year is 22 cents a share,
a conservative multiple for a fast growing company is usually at least 20 times earnings
so 22x 20 = $ 4.40 therefore absolute minimum value for company
is $ 4.40

this is not taking into account any revenues from advertsing or new products tht bridges.com is going to release this year,
nor is no value is attached to the 10 million plus hits on their
web site per month THAT BRIDGES.COM is experiencing.

lm
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