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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (8127)	8/26/1999 10:31:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 15132

On the subject of IDTC, and related to ridiculous internet valuations, I haven't verified these numbers, but the market cap of NTOP is apparently $4 billion. IDTC which apparently owns 57% of NTOP (or $2.3 billion worth) is only $.7 billion. Does this make sense? Or is the market telling us that IDTC reflects the fair value of NTOP, and the value of NTOP is artificially too high because it can't be shorted yet? Carl