[lbo-talk] happy days are here again!

Willy Greenfields filthydirtyunwashed at yahoo.com
Fri Apr 30 08:27:12 PDT 2004



> I find it hard to believe that this
> company is worth 2 billion.

They're only floating a small portion of the company. The vile Jim Cramer was on TV yesterday saying the company as a whole could be valued as high as $70 billion (almost double Yahoo), which sounds truly outlandish.

Still, they did have something like profits of $100 mil on revenues of just under $1 billion. Most of the Happy Days companies had no prospect of ever earning a penny.

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