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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (2737)	1/16/2000 9:27:00 AM
From: yard_man	Respond to of 42523

a 29-year-old Austrian explains it all ... <g> I guess I shouldn't laugh. We are on the same side of things. I don't want to be close to a depression, but what do I have to do with the clowns in charge ...

To: Cynic 2005 who wrote (2737)	1/16/2000 10:05:00 AM
From: Giordano Bruno	Respond to of 42523

nytimes.com

To: Cynic 2005 who wrote (2737)	1/16/2000 10:08:00 AM
From: fut_trade	Respond to of 42523

...hedge fund that bet against Internet stocks That was a very scary thing to do. Just to illustrate what I mean, I will describe the valuation of a hypothetical internet stock called "Tokyo Mex, Inc." (see links below). Message 12581766 Subject 21973 tokyojoe.com If "Tokyo Mex, Inc." [NASDAQ:TMEX] had an IPO and was given a multiple similar to YHOO (P/E = 1734.38), it would have a market cap of about 15.6 Billion USD based on the 9 Million dollars of profit. Can anyone just imagine the terrific balance sheet and free cash flow of TMEX, which I believe would best most of today's internet companies. The Market Cap/employee would be a staggering 15.6 Billion USD. Given that TMEX has only 3,800 customers, and there are potentially over a 100 Million internet users/stock traders, the future growth rate of TMEX could just be totally immense! Who could possibly say how high TMEX could go (even without considering the small float and frequent short squeezes)?