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To: nihil who wrote (28333)	2/27/2000 9:14:00 PM
From: QwikSand	Respond to of 64865

You can't even count. NYSE is where most of our nation's investors die. Less and less wealth on the NYSE everyday. The current market cap of the Nasdaq Composite is $5.8 trillion out of a total listed U.S. stock market cap (that is, excluding fixed income, commodities, real estate etc.) of $14.2 trillion. This is according to a piece run on theStreet.com today by Jim Griffin at thestreet.com which it takes a subscription to see. If NYSE is where "most of our nation's corporate wealth lives", it's no longer by much. Still, it may well be so by a nose, I couldn't quickly run down the total NYSE cap. Subtract out the AMEX, and NYSE and NAZ are probably in the same ballpark with the NYSE a little larger. Kevin's assertion may be off, but it was certainly true for most of American history, and even now doesn't justify a snide and patronizing response. There are a lot of conservative elderly investors whose wealth is all in the NYSE. --QS

To: nihil who wrote (28333)	3/3/2000 10:03:00 PM
From: fuzzymath	Read Replies (2) \| Respond to of 64865

Am I wrong? Is the NYSE worth less than the NASDAQ? That's all I was saying. A statement I read recently in the Wall Street Journal or the Economist said the value of NYSE companies far exceeds the value of NASDAQ companies. Unless I didn't read that correctly, my statement that "the NYSE is where most of our nation's corporate wealth lives" is correct. If they NYSE is where investors die, and if the NYSE is where most NASDAQ companies sell their products, doesn't that imply that death to NYSE companies would lead to death to NASDAQ companies? These two markets are not different universes -- witness their proposed closer ties. OK, whatever "NDA" means, I violated it. I was too busy to explain my EMC experience last week. See my earlier message today for the explanation. Kevin