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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Boa Babe who wrote (21148)3/23/2000 2:35:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
>> Isn't it exciting!?

You're beginning to sound like Dr. J, though, fortunately, you don't look a thing like him <gg>.

Can you imagine Dr. J in a pink boa <lol>?

uf



To: Boa Babe who wrote (21148)3/23/2000 3:35:00 PM
From: TigerPaw  Read Replies (2) | Respond to of 54805
 
Trillion dollar market cap
It's been nearly 100 years since the first Billion dollar market cap. I think that's time enough.
TP



To: Boa Babe who wrote (21148)3/23/2000 9:30:00 PM
From: John Stichnoth  Respond to of 54805
 
Re trillion dollar market caps--

Where once a company's market cap was limited by the size of its country's economy, now it is limited only by the size of the world economy.

The hardware and lumber industries used to be scattered all over the place with no large players in the US.

The banking industry was that way, before interstate banking. Then, they were allowed to cross state lines and market caps of the largest banks began to explode.

With globalization, national boundaries become less important, and banks are merging across borders, and the banks' market caps continue to climb.

The internet, communications and information are the driving force in this globalization. With the banks, growth was only available by buying others, because there were too many suppliers for the markets. With telecomm/internet infrastructure, etc., the number of potential suppliers is limited, and the market is not mature. We ain't seen nothing yet!

Just a thought.

Best,
John