Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: paul e thomas who wrote (6669)	11/30/1997 6:18:00 PM
From: Andrew H	Respond to of 31646

>>I would be interested in suggestions from others as to what combination of operating variables people see as possibly providing a benchmark<< Paul, this is so far the best and most sensible valuation of TPRO I have seen so far. IMO. exchange2000.com TPRO is in a unique stituation and cannot be valued by ordinary methods. However, if and when it has earnings of $3/share, I find it very hard to believe that the market will not give it a PE of at least 15, even if the earnings are in the windfall category, so long as the core business is also growing rapidly.

To: paul e thomas who wrote (6669)	12/1/1997 8:07:00 AM
From: JDN	Read Replies (3) \| Respond to of 31646

Dear Paul: I think your quest is a difficult one. Valued purely as a professional services firm I would think the cap would be a multiple of annual sales as that is how other firms of that type are sold. To which you would add asset valuation (which ought to include a discounted cash flow on anticipated Y2K net revenues). HOWEVER, this franchise concept changes everything in my opinion. Makes it far more complex to evaluate. I personally dont yet have a clue however the LOWEST possible figure I would think you can get to is as a pure Professional services firm. JDN