SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : HYPE AND HYPESTERS DENUNCIATION CENTRE -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (418)3/30/1999 9:16:00 PM
From: John Sladek  Read Replies (1) | Respond to of 612
 
Kerry,

Just stop the carp and cut to the chase. How much should we buy?

With this stock, there's no sitting on the fence so here are your investment options:

1) This baby is the next AMZN, EBAY and MSFT all rolled into one... MORTAGE THE HOUSE, SELL THE CAT, BUMP OF A FAMILY MEMBER FOR THE INSURANCE MONEY, WHATEVER IT TAKES TO GET SOME CASH, THEN BACK UP THE TRUCK BABY, ITS GOING TO THE MOOOOOOONNNNN!!!!!!

or

2) This overinflated pig is doomed ... Sure its sales grew by 600% to $20MM, but with $18.7MM of losses the $750MM market cap is unjustified. The market will figure this out eventually. Prepare yourself, and develop a strategy for playing the down side - there are stock options available.

Regards,
John Sladek



To: EL KABONG!!! who wrote (418)4/3/1999 5:56:00 PM
From: John Sladek  Read Replies (1) | Respond to of 612
 
Kerry,

Just stop the carp and cut to the chase. How much should we buy?

Ok, I have some new developments and estimates so maybe you can figure out how many shares to buy for yourself.

First the company has been added to the TSE-300 index. This is key, since many funds won't invest in stocks that aren't in this index. This also means that all previous price targets should be doubled at a minimum, or possibly triped or quadrupled, or whatever really suits your fancy.

Here's an example of what I mean:

Message 8675532
$30+ CDN in the next month....a Nasdaq National listing could drive the stock well over $50 CDN very quickly...The same valuation for BII (a more promising company IMO) would be over $300 CDN.

The stock last traded at $14.40, so we are looking at some pretty big price gains here. If we do a bit of math we see:

$30 per share * ~50MM shares O/S = $1.5B market cap.
$50 per share = $2.5B market cap.
>$300 per share = >$15B market cap.

Pretty high valuation for a company that reported $20MM in sales and $18.7MM in losses in its most recent fiscal year. This must be the internet valuation model at work again!

Regards,
John Sladek