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Bull_Dolphin

10/15/03 2:27 PM

#13894 RE: rachelelise #13892

Rachelelise.... How about a different approach. Let's suppose for just a second that whatever data whoever at Ameritrade used to project $1.54 in earnings next year is even halfway correct... WOW! I'll accept whatever valuation that would bring! Even at a stodgy blue chip P/E our share price would be impressive. To reach such earnings, the quarterly growth rate would be stratospheric and would likely demand a P many more multiples higher.

Wave seems to be everywhere in this space, and I'm trying to control my excitement because it sure looks like this little company is actually going to 'happen'.

regards
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barge

10/15/03 2:59 PM

#13900 RE: rachelelise #13892

Rachel--I totally agree. The business model for utility computing is essentially an unknown. What an infinite spaghetti of permutations are involved in such a model. Under utility computing all the players involved in the transaction are supposed to get a cut of the revenue fee generated. How do you divvy up the revenue fee to the various players in a manner where all the players are satisfied?

S. Sprague says he wants a cut of all applets that enter the vaulted space. I hope he gets what he wants!!! lol!!!