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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (2442)4/24/2000 11:15:00 AM
From: cfimx  Read Replies (1) | Respond to of 4691
 
I know someone who stripped out the gains and losses in the Internet businesses, the gains from the cash and investments, adjusted the earnings for deffered revenues (up) and figured the core business was selling at 25 times y2001 calendar earnings. That was at $85. I think we're getting there if you believe they will survive Linux, Unix, and the governement. <G>