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knot_4_sail

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knot_4_sail

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Re: knot_4_sail post# 84

Thursday, 09/28/2000 11:36:06 AM

Thursday, September 28, 2000 11:36:06 AM

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FOOD FOR THOUGHT!

Market Comparable Average multiple in the Telco Industry is well over 30 - 60 times earnings. Many have multiples in the hundreds. As an Example, the following telecommunications company trading on NASDAQ is:

Symbol - TSTN
Trades on - NASDAQ, in 1999 it had:
Issued 28,000,000
Float 4,000,000
Sales $40,000,000
Price Share $ 175

Their number of shares issued and shares in their float was DOUBLE the number of shares of Symphony, and there revenues are HALF of those projected by Symphony.

TSTN had a STOCK SPLIT in 2000, and hit $214 PER SHARE, just before, it now has about :
OS: 75M
FLOAT:12M
REVENUES: 65M for the 6 months
PRICE: $50 POST SPLIT
http://finance.yahoo.com/q?s=tstn&d=b

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