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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (42265)	6/27/2000 11:45:00 PM
From: John Pitera	Respond to of 63513

you are right with XOM, even without mobil, it was the biggest part of the standard oil trust which has been a monster company since the latter part of the 1800's. It became Standard oil of NJ and changed it's name to exxon in the early 1970's. last year I saw a list of the 10 market cap companies at the time and the 10 largest in 1975, all the names where different except for XOM. If you looked at a list from 1950 and 1925, you would see similar things, US Steel was the biggest company for a number of years, as was GM. GE have grown by acquisitions, it has the benefit of being the only company that was originally in the Dow Jones ave when it was created, in 1896 or 1898.