To: jhild who wrote (200 ) 2/6/1999 12:33:00 AM From: hammer Read Replies (2) | Respond to
Your 50-60M is a ridiculous number. There are aprox. 1,000,000 share in the float. For that market cap to exist you would need to assume all the shares are marketable at that price. If the shares were dumped on the market we would likely be a penny stock. And tell me - how do YOU put a valuation price on a concept yet to be proved. For every 100 CPA's you will find 100 formulas. The ultimate test is market price is it not? Right now the price is about 6.00. If you have watched the trading logs you will note many large blocks purchased, not the buys from us little internet dudes - some big investors have been buying this stock - that's a reality. They may be bad investors but they HAVE bought it so maybe, just maybe they know something you don't - perhaps they have actually called the company.
