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joeduck - 7:03 pm on Oct 28, 2005 (gmt 0)
Dude get out your wallet and show me the money... Seems logical but does not apply to online biz, I think due to the instability of search rankings and the online environment in general. Note that even in conventional small biz valuations 5-6x earnings is used rather than your metric. This is pretty standard for offline biz valuations.
a1call -