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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (2987)1/2/2000 8:29:00 PM
From: manohar kanuri  Respond to of 6018
 
Thanks for clearing up that Bre-X reference, Jay! I was beginning to wonder....

I like your target of Y800k. I am not quite sure if anyone can put a fundamental floor under Softy. Simply cannot be done for atleast a couple of years (if then); no rational basis for valuing a current/future earnings stream which still cannot be quantified with any meaningful degree of accuracy. Monetizing users? --sure, works for me, but is it valuation? Like some kind of fractal(if that is what I'm thinking of) pyramid....you start at the bottom and try to decipher it with a lot of guesses and scanty data and one level up those ranges simply get amplified. Meanwhile, the public at large seems to have taken to the 'willing suspension of disbelief' in a big way, so heck, why not enjoy the show!

I trust you and everyone else here had a good time over the weekend.

best,

manohar