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Non-Tech : Wal-Mart
WMT 102.48-0.1%Nov 14 3:59 PM EST

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To: Jack L. Dlugach who wrote (95)7/13/1997 7:35:00 PM
From: wiz   of 1166
 
Jack

This market reminds me of flying along in a jet at 500 mph and you look down and there is no jet!-g- What really gives you a headache is looking at these companies book value compared to market cap. Somebody on the Burke thread broke down CPQ. At 270 million shares you get a 33 billon market cap. Cash and assets are worth 6.8 billion. It's pretty easy to see why we left the gold standard!-g- My little mind can't fathom how this thing(the market) stays afloat.

Mark
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