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To: Benny Baga who wrote (6754)8/12/1998 9:53:00 PM
From: joshi  Read Replies (1) | Respond to of 8545
 
Anyone Crunch numbers??? LOOK AT THIS!

250Mill in shareholder Equity including 62Mill in cash and the market cap is now 771Million!!! Hahaha!!!! That is CRAZY!!!!!!!!

That means that this is trading at 2X next years earnings.. What am I missing???? 250 Mill next years rev and 12-16 Cents. U figure out the P.E. Ratio its price/earnings. What a crock! If this isnt oversold I dont know what is!

Did I fall off the bus??? What did I miss????



To: Benny Baga who wrote (6754)8/12/1998 10:03:00 PM
From: phbolton  Respond to of 8545
 
well, I leaped before looking and bought some Nov 20 calls, at hopefully the bargain basement of 3/8, this AM as a quick read of the news did not seem to warrant the plummet. Looking over the numbers it seems that it was a reasonable thing to do. Now that I've seen that today was just part of the drop and it looks like the slow down was anticipated. Take heart they have more than twice YHOO's revenues. :)

One good thing I noticed is that they actually account for stock warrants and the like and the books seem to be quite straight.