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Technology Stocks : Intel Corporation (INTC)
INTC 34.50+2.6%3:59 PM EST

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To: John Koligman who wrote (77566)4/1/1999 1:49:00 PM
From: Robert Douglas  Read Replies (3) of 186894
 
Actually, the 2 billion is relative pocket change to many firms out there in this market. AOL adds that much in 5 minutes <ggg>.

I think we are all getting jaded by companies that can achieve multi-billion dollar market caps in a matter of months or a few years. But look at International Paper, a Dow Stock that is the largest paper company in the world. Its market cap? $13 billion. Caterpillar, the largest producer of earth-moving equipment has a market cap of $16 billion. It has taken most of the century for these companies to attain this type of wealth. I guess the difference is that these companies produce real things and not just cyber fantasies.
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