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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joey Smith who wrote (43808)	12/22/1998 11:58:00 AM
From: Scot	Respond to of 1573901

<Any yet, Intel is about to post its biggest quarter ever in terms of revenue and possibly earnings..Intel should have competition more often...SCARY, isn't it?> It is scary. It emphasizes to me the growth of the information/technology economy. There was an interesting financial times article last week on the 10 year shift in top market capitalizations from industrials and large Japanese banks to companies like Capt. Winky's (M$FT), Intel, and others. One of the best points made was on the ratio of market cap to brick and mortar assets. As you can imagine....a company like MSFT has few assets (mostly cash) relative to their capitalization. -Scot