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To: The Gambler who wrote (517)11/5/1998 10:21:00 AM
From: Ted Zeilstra  Read Replies (2) | Respond to of 731
 
Only have a minute or two, but...

Arbeter's latest says "some" beta sites could be multi-million seat buyers. If only one buys a million at $200 per seat, then you have $200,000,000 in revenue. At 40% margin, that's $80,000,000 in earnings. With 20,000,000 shares, that's $4.00 per share. A PE of 10 gets us $40 per share.

Need I go on?

Will get back later this evening.