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Technology Stocks : Internet Analysis - Discussion -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (259)3/30/1999 12:35:00 AM
From: Chuzzlewit  Read Replies (1) | Respond to of 419
 
Stephen, do you remember the biotechs? I urge you to ask yourself how much cash would any of these companies -- even the ones with real cash flow like AOL -- how much cash flow would they need to generate to support the current valuations if they were mature? I reckon that for AOL we are looking at roughly $10 BB in annual cash flow! Could AOL ever grow so large that $10 BB becomes feasible?

TTFN,
CTC