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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Lizzie Tudor who wrote (37368)4/29/1999 7:00:00 PM
From: J. P.  Read Replies (1) of 86076
 
What is your thought process when you buy a stock like PCLN? Do you have some sort of calculation that extrapolates the revenue over several years and arrive at a share price? Do you feel that the market cap of 18 Billion (almost as much as Delta and AMR combined) is justified?

Or do you buy it, and hope? I'm just wondering....
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