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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: J. Arzente who wrote (9109)5/29/1999 10:30:00 AM
From: mister topes  Read Replies (4) of 42834
 
Justabid.com has been rumored to have an interest in taking over
bobbrinker.com in a stock swap deal reportedly worth over
fifty billion dollars in justabid.com shares.
The only problem is, bobbrinker.com is making noises about
launching a takeover bid for Justabid.com which is rumored
to have a market value of sixty billion dollars.
I guess we'll just have to wait and see who blinks first.
What we do know, is a merger of Justabid.com and bobbrinker.com
would produce the highest price/earnings ratio for any
company anywhere in the world. The estimated p/e of the
combined companies is 40,500,350 times Year 2010 estimated
earnings. But still well within the current internet valuation metric.
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