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To: Sir Auric Goldfinger who wrote (412)10/27/1998 7:07:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 28311
 
Why are you so hung up on fixing a value based on discounted cash flow? While it is certainly one legitimate means of measuring "value", it by no means is the only one. In fact, few if any public stocks (particularly techs) have a market capitalization based purely on cash flow. You come across as having the position that no other valuation established in the open market is legitimate.

While I suspect there is some degree intelligence behind your postings, I discount it due the to arrogance and know-it-all attitude the permeates your commentary.