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Technology Stocks : HWTO/CITN -- Ignore unavailable to you. Want to Upgrade?

To: smueller who wrote (8)	1/6/2000 10:58:00 PM
From: Pami	Read Replies (2) \| Respond to of 23

There was a really great post on Raging Bull that explained all of the financials...I'll go look for it and be right back! HERE IT IS...Posted by MYGUCCI5: "Lets talk about what we know. CITN Market Cap = 127.54 million as of todays closing CITN has 43.41 million shares of which 19.50 million are floating. Citn has 20 million shares of the IPO (HWTO) Lets say HWTO opens at 10 and closes at 30. A 20 point gain for an internet IPO is very common. For argument sake we go 25 per share. 20 MILLION SHARES AT $25 =500 MILLION 500 MILLION + 127.54 MILLION= 627.54 MILLION MARKET VALUE 627.54 MILLION / 43.41 MILLION = A SHARE VALUE OF $14.44 WITH THE FLOAT BEING 19.50 MILLION SHARES I BELIEVE WE COULD DEMAND A PRICE OF 20 TO 25 PER SHARE. HWTO comes out with earnings and announcements (positve of course) stock jumps to 30 of 35. Citn follows GET IT"