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To: Boplicity who wrote (746)1/15/1999 10:29:00 PM
From: Mr Bones  Read Replies (1) | Respond to of 1434
 
Greg, are you being facetious?

Peace,
Mr Bones



To: Boplicity who wrote (746)1/16/1999 8:28:00 PM
From: Victor Lazlo  Respond to of 1434
 
I sure don't know. With rates at about $20 / month, how long would it take to get $3,000 of revenue (the mkt cap per sub) for each subscriber? 12.5 years, i guess?

You would think this kind of news would send a shot across the bow of some of these valuations.

There was an article in the most recent Forbes Mag about retail online investors (traders) and how lots of them don't care about valuations; they're just short-term trading on momentum. And as a group, they are becoming quite a powerful force in moving many of the internet stocks.

Victor