NO Plato! Don't Do It!!!! We must never bow to the Court Jester! LOL. At least one of your picks was up for the month! (Have you looked at his baby???)
I am getting a good chuckle over this one. We all have to step back at times and just look at things from the sillier side and I can see you are doing that. Its just good for the soul and a good way to keep perspective.
And in the long run, this is not about being King anyway, its about making money. Let him be "King", you just have to settle with making all the money....
July 06 - LinkData Communications........$2.0 Million Sept 15 - DirectoryManagement.com.....$3.2 Million Sept 26 - Telemax Communications.....$12.3 Million Total to Date...........................................$17.5 Million (US)
PENDING Mondetta Telecommunications................$5.0 Million (LOI) North American Gateway.......................$80.0 Million (LOI)
Pending Total........................................$85.0 Million (US)
TOTAL WHEN COMPLETED..........$102.5 Million
*NOTE: Does not include up to 5 Pending Acquisitions yet to be announced!
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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