Quote:
Originally Posted by MikeFold
if my memory serves me right, they made 45 MIL in 2010 and estimated around 100 MIL in 2011.....i have no clue how they value it at 10 B
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This is my point. Why is a company that is "estimated to make $100 million next year" valued in billions of dollars? A company isn't worth twenty times what it's estimated potential earning might be.