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Mako · 06-09-2005, 12:27 AM

Anytime a company has -$500M per YEAR in net losses, yet is valued at $7B in overall marketcap (shares outstanding x price per share), you know the bottom can't be low enough.

i.e., see Enron/Worldcom.

06-09-2005, 12:27 AM
Mako Confirmed User Join Date: Jul 2004 Location: The OC baby! Posts: 1,986	Anytime a company has -$500M per YEAR in net losses, yet is valued at $7B in overall marketcap (shares outstanding x price per share), you know the bottom can't be low enough. i.e., see Enron/Worldcom. __________________