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To: Sarmad Y. Hermiz who wrote (114548)1/6/2001 1:45:48 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
I know Glenn had said kind things about it when it was 100

Sarmad,

You are correct I did. I still own it too. The beta for ARBA is higher than a lot of the more established stocks so the fall exceeded the percentage of the general market fall. ARBA is off 70% from the $100 price but in that same time frame, many large cap stoks like CSCO are off 50%. I am not sure what that means<G>



To: Sarmad Y. Hermiz who wrote (114548)1/6/2001 6:44:39 AM
From: Mama Bear  Respond to of 164684
 
"But seriously, I think now that it dropped 75% it is probably a reasonable buy. Would you agree ?"

With an $8.5 billion market cap on less than $300 million of revenue? No, I wouldn't. The ridiculous valuations that we've seen for the last couple of years are being squeezed out of the market caps. Down 75% from the high is meaningless, if the new era clowns ran a stock up to 20x reasonable value.

Regards,

Barb