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Old 06-07-2007, 02:51 PM
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Default Live From Sothebys

Posted By: Jeff Lichtman

Richard, I have a new car I just paid 75K for. I haven't picked it up yet from the dealer but I want to sell it now for a million bucks. I suppose my car is worth something between 75K and a million?

I own stock in xyz.com; the stock price is 200. The PE is a million. I wish to sell my shares for 4000 a share. My stock is worth somewhere between 200 and 4000 a share?

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