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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (231)1/28/1999 10:01:00 PM
From: Teri Garner  Read Replies (1) | Respond to of 779
 
TGLO - 5 million shares traded today, market cap is still only $600 million, peanuts compared to what YHOO paid for GCTY. Small float as well!

Web communities are to place to be now...



To: Mark[ox5] who wrote (231)1/28/1999 10:27:00 PM
From: Steve Smith  Read Replies (1) | Respond to of 779
 
I wonder how much TBFC is worth if YHOO decides to buy them out like GCTY.

What does GCTY bring to the offer table for YHOO? 2 million members for $121/share or $5.02 billion?

TBFC has more than 50,000 accounts, more than $1 billion in deposits and more than $2 billion in assets. Hmmm.....TBFC trading at 41 1/2 and has a market value of $515 million.

I think YHOO wants to become the center of the universe like AOL. It seems that online banking is the next logical step to put its internet empire puzzle together.

steve