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To: Danny who wrote (110886)10/20/2000 4:21:15 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164687
 
>>The fact you compare MSFT and YHOO with a penny stock
makes me laugh. I am serious. Enough said.<<

not quite ;-) laugh all you want. ho ho ho! i threw one in for you.

please don't misrepresent what i did. i didn't compare msft with a penny stock. i compared stock valuations. not my valuations, my friend, god's valuations! ;-) if you don't like HIS methodology, take it up with HIM, ok? ;-)

let's say company "a" is nicely profitable and earns $1,000,000 a year. now, the owner of company "a" offers to sell you his business for $100. using you "logic" one would not compare this company to msft so you'd take your $100 and buy msft shares instead of the $1,000,000 a year business. no way would you buy company "a" b/c it doesn't COMPARE to msft.

in a great year you'd make maybe $100 in appreciation. i, on the other hand, would buy the $1,000,000 company and make a million every year.

please, danny, tell us how much your "logic" nets compared to my logic? after 10 years i have more than $10,000,000. how much did your $100 in msft make?

i'm trying to simplify this even more than before. let me know when i hit thew "simple enough" range ;-)