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To: Len who wrote (12883)	4/13/2000 6:23:00 PM
From: limtex	Respond to of 35685

Len - I was really hoping that someone would post that I was panicking and that normality was justaround the corner -So far no-one has made such a post which I guess is helping me to make face some unpleasant facts. Phone.com I liked very much. The stock price has collapsed well I thought I knew what it was all about and that the growth of the mobile data industry would carry it through but I took anotehr glance at the profile just now and :- Revenues - $31m EBITDA loss $27m Market Cap $4bn approx at $72 per share. Thinking about it wouldn't $7 a share be a good and fair price for such a business? What on earth have we been thinking about. We've been in a trance. Best regards, L