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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (142979)6/12/2002 11:14:54 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164687
 
I'm not sure, but unless most of the 89 cents per share of quarterly profits were from one-time gains rather than operations, then I think the fact that the stock was trading before the report at only 5x quarterly profits is a pretty good explanation for the "big surge" to 6.7x quarterly profits.

But then, is a PE of 1.25 on annualized earnings low enough in this market? Perhaps it should have gone down instead.

;-)


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