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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: john griffin who wrote (5754)	1/9/1999 10:47:00 PM
From: AJ Berger	Read Replies (2) \| Respond to of 18998

Mr.Pink's right, albeit too early for DBCC to stay $30, MKWT would have to be $150, here's how: (forgive the very round numbers, please) assuming DBCC "deserved" to be a $10 stock with 30mil float, you'd then have a $300mil market cap company prior to IPO. now add the 4mil shares of MKWT DBCC will keep at $150 each for an additional market cap valued at $600mil. so DBCC's worth $900mil with 30million shares = $30 per share. Now, to understand how ridiculous this is, just consider those 40 Marketwatch employee's are now generating $15 million in market cap EACH ! The very best companies with the most sophisticated employees might get away with 500,000 per employee, but $15 million?! Now you wonder why I can't wait to go short later this week. For now, I don't agree with Mr.Pink, who is ignoring the current momentum that will drive this stock higher, but not for very much longer.