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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Tai Jin who wrote (34967)12/9/1999 10:07:00 PM
From: Benkea  Read Replies (1) of 99985
 
Tai:

"once all these stocks are priced at the same level as BRKA then the market will collapse under its own weight."

Once? You compared Yahoo's market cap to BRKA lately? $90 mil for YHOO ($8 bil more in options) vs. $83 bil for BRK ($55 bil book value - $40 bil of which is cash and bonds).

Don't let the price per share fool ya. Many of the tulips have grown to the sky only the constant spliting has made it less obvious.

Excluding options, ICGE who went public a couple months ago is now $30 bil (it is in the tulip farm business).

We are there .
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