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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1 -- Ignore unavailable to you. Want to Upgrade?


To: Doug (Htfd,CT) who wrote (707)1/25/2000 11:37:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 1013
 
Doug:

No argument with growth to date from a tiny base. In fact, just 2 more quadruplings from here (the final iteration from a much higher base) and SONE would then be selling at the bargain price of three times revenues (First Data sells at just under 4 times), assuming a flat stock price for SONE.

And how long might this miracle of compounding take? I don't know. IF it does, it probably won't happen in a nice neat fashion which prohibits purchase at some point in the future at a much more reasonable valuation. Check your chartbook. There are lots of failed "ruler" stocks out there, some with even better pedigrees than SONE.

Charlie