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QUESTION
TwitterMe, Inc., is a new company and currently has negative earnings. The company's sales are $1.35 million and there are 130,000 shares...
TwitterMe, Inc., is a new company and
currently has negative earnings. The company's sales are $1.35 million and
there are 130,000 shares outstanding. If the benchmark price-sales ratio is
4.8, what is your estimate of an appropriate stock price? What if the
price-sales ratio were 3.7?
