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Re: rwk post# 214172

Thursday, 09/08/2011 11:39:01 AM

Thursday, September 08, 2011 11:39:01 AM

Post# of 249465
Assuming a price:sales ratio of four and revenues accruing @ $50 per seat, it would take 500 million seats to drive a market cap of $100 billion.

Now I'm headed back to Earth.

I would be blown away by a market cap of $1 billion. I can't believe we saw a market cap of $2.5 billion eleven years ago.






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A guy who insisted all year long that the world would end on December 31 didn't become wrong on January 1. He was wrong all along.

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