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To: PHIL K. who wrote (4279)	10/22/1997 2:31:00 PM
From: privatesmith	Respond to of 9124

Phil: This business of putting a current value on a Company at some undetermined point in the future is a slippery slope...in part in other posts, I've told you what I think, 60 "bucks" a share for the whole Company, right now...For buying, risk discounted one half to two thirds below that on a near term basis. And, that's what the market seems to be saying at the moment. Check Value Line to see what they're saying 3 to 5 years out. And, that's what the market is saying at the moment. Ed PS: If this one gets to be a study to put alongside The South-Sea Bubble, "Extraordinary Popular Delusions and the Madness of Crowds", Mackay, who knows what'll happen? I don't. Institutions already own a good chunk and may feed it out to the public at some uncertain level. Could it become a mania...You bet! Will it? Don't know. E