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To: GVTucker who wrote (64133)5/30/2003 3:55:41 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 77400
 
I don't believe underwriters can play that game... they are scrutinized now.

My guess is they price google at some absurd valuation based on these "expenses"... 300-400mm mkt cap or something when the company is worth 800mm easy.