> Thomas, I know you have thought about this
> deeply.... It would be great if you'd share
> your insights. :)

Actually I'm currently in the process of writing up a brief overview of my thoughts on valuation. Although so far this brief overview has come to 1832 words and I'm not finished yet! I'm considering writing a detailed book (e-book perhaps) on the topic, as I think it would be of value to a number of people... To explain value, what it is, how you derive it etc, to your normal non-finance person. :)

- Thomas.