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Re: dmceng post# 27399

Sunday, 10/24/2010 1:13:24 AM

Sunday, October 24, 2010 1:13:24 AM

Post# of 42873
This article says their market cap on July 5, 2007--when they were just a couple dollars off their all time high--was 38.54BB.

http://www.dividendsmatter.com/dividend-analysis-washington-mutual-inc-nysewm/2007/07/05/

It would make sense that it was in the high 30BB because a stock price of $44 x 900MM shares o/s is definitely not 60BB plus like what the other article stated.

Edit: interesting to note that the article highlights that in 2006, WaMu had a negative cash flow growth rate of 33% and states "The fundamentals are all spiraling downwards. Not the kind of trend a long term investor wants to see."

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