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To: Dave Mansfield who wrote (16776)1/2/1999 3:06:00 PM
From: HG  Read Replies (1) | Respond to of 27307
 
Dave, As we say, times have changed. So don't include the time value of money. Just tell me in terms of 1990 money, how much would Wright brothers IPO have opened at ? Discount it right back.....

I'm VERRRRRRY sure Wright brothers had larger competition. We just don't know about it. Maybe 100 years from now, people would not know about YHOOs competition too...!!!