Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Joseph Beltran who wrote (98360)	8/8/2002 5:27:42 PM
From: SOROS	Read Replies (1) of 99280

It makes as perfect sense as this. Is it just me, or is there something wrong with this picture? Company....Assets.minus.Liabilities..=Market Cap QCOM.......6B......... - ....1B...........=20B MSFT.......68B........ - ....14B..........=264B INTC.......44B........ - ....8.5B.........=122B CSCO.......37B........ - ...8.7B..........=96B KKD.........298M...... - ...99M...........=1.89B WMT........85B........ - ...49B...........=218B YHOO.......2.7B....... - ....526M.........=7B I don't think MARKET CAP means what it is supposed to mean. Are not "investors" when they purchase stock at today's prices, in effect, saying that if they had the money, they would be willing to pay the market cap for the entire company? INSANITY usually results in being locked up or an early death on the streets. No doubt where this market is eventually headed. The smart money is selling every rally. I remain, SOROS

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