iVillage Feeding Frenzy: Bids Could Come Lower, Says Report: "A $700 million price would imply an enterprise value of 24 to 29 times iVillage's EBITDA for 2006..." —PaidContent.org

The fact that iVillage actually has earnings (at least BITDA) blows me away. In fact, the fact that they're still a going concern blows me away. I mean, seriously, "content, commerce, and community"? How Bubble 1.0!