BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

STOCKTALK

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 : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: American Spirit who wrote (681)	5/11/1999 6:42:00 PM
From: Glenn Petersen	Read Replies (1) of 954

Damn, you are one persistent SOB. LOL. Several comments: ---AMZN had 8.4 MM registered customers at the end of the first quarter and BNBN had 1.7 MM. That works out to 20.24%, not the 25% claimed by Mathmagix. Must be a rounding error. LOL. Additionally, I think that you need to take into consideration that BNBN's first quarter sales were only 11% of the AMZN total. If I were attending one of the road show presentations, I would like to know why the sales numbers do not track with the number of registered customers. ---Mathmagix's projected market cap of $2.4 billion does not take into consideration the inevitable post IPO 40% discount. I think that I will stick with my original analysis and maybe bump it up $2 to about $39, given the rise in BGP and AMZN yesterday. The TSCM IPO was encouraging, nothing like a bit of froth. James Cramer is probably going to look at himself in the mirror tomorrow morning and have a hard time keeping a straight face. I did schedule a meeting at my local Barnes & Noble yesterday, bought two cups of coffee and a book.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next