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

To: mister topes who wrote (9110)	5/29/1999 10:54:00 AM
From: J. Arzente	Respond to of 42834

thanks for the update

To: mister topes who wrote (9110)	5/29/1999 6:54:00 PM
From: Hank Stamper	Respond to of 42834

Yeah don, thanks for the update. Where can I get some shares of either of Justabid.com? I called around but was not lucky enough to get in on heyidiot.com. I don't want to miss out on the action this time. Ciao, David Todtman

To: mister topes who wrote (9110)	5/30/1999 8:24:00 AM
From: Boca_PETE	Respond to of 42834

don lane: RE: < rumored Justabid.com take over of bobbrinker.com in a stock swap deal reportedly worth over fifty billion dollars in justabid.com shares. > If they're serious about this combination, these two companies had better get this rumored transaction closed by December 31, 2000 to avail themselves of the present "pooling of interest" accounting whereby the merged companies would simply be reported as the sum of the historical book values of these two companeis. Otherwise under required "purchase accounting" for mergers starting Jan 1, 2001, the excess of the current value of the shares paid for bobbrinker.com over the book value of bobbrinker.com will have to be charged off to future earnings probably over the next 10 years. That means the new company JUSTABRINK.COM may not report any earnings until the year 2012. Of course if the present frenzy for internet stocks continues until then, that would be a plus. P

To: mister topes who wrote (9110)	6/1/1999 10:56:00 PM
From: Lars	Read Replies (1) \| Respond to of 42834

Don, >>> 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. >>> Come on, you haven't seen the books or contracts. Only $60 billion? Do you know what kind of parachutes Justa and I have set up? Do you realize how difficult it will be to get control of the few shares we don't own from the Mary Kay gang? What a joke! >>> 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. >>> Who says we have or want earnings? Are you trying to squash the deal? HA! There is nothing to worry about. Justa and I are passive owners like Warren and Charlie. We have every intention of keeping Bob Jr. in control as "The Webmaster". The most that will happen is we will restructure the stock options program. Ha!