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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: J. Arzente who wrote (9109)	5/29/1999 10:30:00 AM
From: mister topes	Read Replies (4) \| Respond to of 42834

Justabid.com has been rumored to have an interest in taking over bobbrinker.com in a stock swap deal reportedly worth over fifty billion dollars in justabid.com shares. The only problem is, bobbrinker.com is making noises about launching a takeover bid for Justabid.com which is rumored to have a market value of sixty billion dollars. I guess we'll just have to wait and see who blinks first. What we do know, is a merger of Justabid.com and bobbrinker.com would produce the highest price/earnings ratio for any company anywhere in the world. The estimated p/e of the combined companies is 40,500,350 times Year 2010 estimated earnings. But still well within the current internet valuation metric.