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To: yard_man who wrote (29172)4/25/2000 6:34:00 PM
From: Defrocked  Read Replies (2) | Respond to of 42523
 
They basically made money on their float
from last April. With an average $400mm
in cash and marketable securities, the
interest of $10mm implies a 10% rate of
return during Q1/00. This business model
deserves a 425PE and $20bln market cap.-s-
BTW, how much interest per quarter would
$20bln at 10% generate????