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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Selfmade$ who wrote (1863)	6/20/1999 1:12:00 PM
From: Matt Brown	Read Replies (1) \| Respond to of 5041

OV, I am not sure on those trades you were talking about..Normally I would call it "MM flashing" meaning they are letting eachother know what they are about to do with the bid/ask (raise it), but those are some big blocks for flashing...So I have no clue! But, I do have a major valuation problem with GOTO since I have started looking at it. They have 44 million in the O/S, which is part of the market cap. This gives them a Market Cap of a little over $1 billion. That is a lot for just what they have, IMO. I am just beginning, but this is alway soemthing that I check. Do they own any other sites? I can understand YHOO being higher than GOTO because of it's collection of very powerful sites, but if we place a valuation of $1 billion + on GOTO, then MXNT should be at what? $5 billion? My goodness! I'm going to surf through the SEC filings. Their financials are ugly! $2 million in sales and $7.5 in losses? Ouch! FM