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Technology Stocks : Ciena (CIEN)
CIEN 209.52+1.0%Nov 12 4:00 PM EST
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To: Kachina who wrote (5945)12/17/1998 2:56:00 PM
From: Jeff Dryer  Read Replies (2) of 12623
 
Here are some approximate
annual statistics for Wal-Mart:

Revenue: $150 billion
Net Income: $4.3 billion
Market Cap: $170 billion

With a current market cap of about $14.5 billion, Amazon's market cap is less than 1/10th that of Wal-Mart's. Amazon would only need to earn $365 million or so in annual after tax profits to be valued at Wal-Mart's current P/E multiple.
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