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Gold/Mining/Energy : Bridges.com (T.BIT) -- Ignore unavailable to you. Want to Upgrade?

To: LABMAN who wrote (475)	3/9/1999 5:47:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 1249

>>the projected earning for this year is 22 cents a share, a conservative multiple for a fast growing company is usually at least 20 times earnings so 22x 20 = $ 4.40 therefore absolute minimum value for company is $ 4.40<< Given the current environment and valuations for Internet companies, I would agree that 20 times earnings is a conservative estimate. As their subscription targets are met or exceeded, I believe that their growth, market niche, profitability, and potential for enhanced revenues will make this company extremely attractive to investors, and possible suitors. Remember that a good number of new revenue streams can be leveraged off of their existing operations and subscription base. Unlike other growth companies, Bridges' new money flows will not require large investments to bring them on line. Crazy Canuk