Quote:
Originally posted by quiet
well, no. if you are making a stable amount of revenue, over several years - whether it's through scamming the surfer or making them happy - the assumption is that those several years on record (whatever the record might be), will continue to be the case.
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I see your point. But if the stable revenue is dependent on a specific factor such as scamming people, what if an industry change goes into effect which could compromise that record. For example, the November 15 visa regs did some dents to a lot of the companies that did the scamming (I won't name names obviously), so that should be accounted for when determining the acquisition value.
WG