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To: TimbaBear who wrote (34296)11/27/1999 10:48:00 AM
From: JDinBaltimore  Respond to of 99985
 
TimbaBear,

Sorry, my intention was to obtain the broadest scope for any companies that touch the intrnet arena. I wanted to see what kind of additional dollars would be required from a fixed pool to have the loosers break even. If you take this primitave data and, and allow 30% attrition from all companies on the list, then spread the earnings over the remaining companies using a historical P/E of 17 and a generous growth rate of 5% you get to the number I was looking for which is somewhere around 680 - 725 on the SPZ.

I thank you for you're criticism and I hope that others ctiticize, as this will help to refine this target when we are sure that the wheels are finally falling off.

Thank You
JD