Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rose who wrote (32666)	11/7/1999 4:40:00 PM
From: Saulamanca	Read Replies (1) \| Respond to of 99985

Webvan now has a market cap 1/2 of Kroger. Kroger has $25,000,000,000 in sales compared to Webvan's $395,000 and they say that Webvan's 66% rise to $24.88 was relatively modest? In this market too much thinking is bad for your wealth. --Jim Meanwhile, Webvan's shares, also offered to the public Friday, rose a relatively modest 66 percent to $24.88 a share. That means Webvan, a company with $395,000 in sales and $35.1 million in losses for the first six months of 1999, has a market capitalization of $8.37 billion. In comparison, Kroger Co., the largest U.S. operator of supermarkets, has a market value of $18.3 billion.