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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.42-0.3%Jan 26 3:59 PM EST
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To: Father E. who wrote (7787)6/26/1998 3:58:00 PM
From: trouthead  Read Replies (1) of 164684
 
To all Number crunchers. I know fundamentals mean nothing, but out of curiosity I thought I'd take a look at some other companies and try to figure out how much money AMZN would need in earnings per share to justify the current price. It looks like they would need to earn about 4 BILLION a year! In profits! That would give them earnings of $2 bucks a share. That is if the number of outstanding shares I looked up of 48.33 mill shares was correct.

Does any of this sound about right?

Thanks,
Junior
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