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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: alan who wrote (7624)4/9/1999 12:46:00 PM
From: Tokyo VD  Read Replies (2) | Respond to of 18998
 
Alan,

Stop for a second and listen to what you are saying (to which I'm not necessarily disagreeing)

"it will trade like all the rest of them"
"do the math"
"apply a discount"
who is going to buy this now?

I think the lunies are the ones driving this market. So, if I dummy down to their level, who says there aren't more of them than us?

By the way, iTurf at $50 (17mm shares outstanding) yields an $850 market cap for iTurf's $4 million in sales (going to $15 million in F99). It's friggin' insane.

Tokyo

Tokyo