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To: Thomas M. who wrote (2471)	4/7/1999 1:52:00 PM
From: SteveG	Read Replies (1) \| Respond to of 17683

<..just not as much money as some..> OK, so you acknowledge you are willing to give up some gains (and I would guess a SUBSTANTIAL differential here) to be "right" according to your chosen metrics... <g> <..Traditional valuation measures are hardly arbitrary...> I would argue that any valuation method which depends on GTF could be considered arbitrary, abundance of various scholarly treatises supporting such contemporary valuation metrics notwithstanding (eg., Braverman is expecting his FCF-growth based valuation model for internets to be released end of this week).