Paypal IPO

James Hong jhong@xmethods.net
Tue, 29 Jan 2002 12:53:00 -0800


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so what do people think of paypal going public?=20

Looking at their filed S1, it looks like they want to go out at $13, =
with 54 million shares post ipo, so that's an equity valuation of =
$700MM! Didn't look at debt levels to add that into the valuation, but =
its probably small.

james

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<DIV><FONT face=3DArial size=3D2>so what do people think of paypal going =
public?=20
</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Looking at their filed S1, it looks =
like they want=20
to go out at $13, with 54 million shares post ipo, so that's an=20
equity&nbsp;valuation of $700MM! Didn't look at debt levels to add that =
into the=20
valuation, but its probably small.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>james</FONT></DIV></BODY></HTML>

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