To: macker who wrote (3548 ) 6/24/1998 11:54:00 PM From: wonk Read Replies (2) | Respond to of 11684
macker: That was a wonderful evasion:ok then my answer is yes, there are many other possibilities, such as having good friends in the business that may know what is going on with mtei, its not inside info for a friend to tell me about his privately held company and his dealings about another company that is privately held at the time. I was asking a question about valuation. The premise of my three scenarios concerned either a failure to see an error in valuation, a self-made error in calculating valuation, or P&D. Your answer is a non-answer because the valuation cannot be supported by publicly-available comparable data about the claimed asset base. Certainly reasonable people could disagree within a range, but not by orders of magnitude and a factor of 100 certainly qualifies. Since you saw fit, to answer my question in such a fashion, I see no reason to answer yours. However, in the interest of courtesy I will. Let me be clear. I do not recommend stocks. However, how about Microsoft. Monopoly provider of the most ubiquitous software product in the world. Very little risk in the near term (3-6 months) of drastic change in their business model. Revenue from Win98 should flood in at tremendously high margins. In the long run, I can see only 1 major risk: a breakup by the DOJ. Yet, if that were to occur, the value of the pieces would most likely greatly exceed the whole (see AT&T after divestiture). As for ps. waiting for the apology for the name calling. If you are referring to the word neophyte, (1) the statement was made in the context of a hypothesis so consequently I did not call you a name and (2) to use a technique so favored by the Rocketeers, your personal profile shows absolutely zero professional qualifications to be analyzing the value of private or publicly traded companies and/or making purchase recommendations. Consequently, in a legal sense you would be considered a neophyte. Consequently, I see no need to apologize ww p.s gotta run now, but I will return in about an hour if there is anything left to say.