Re: [SLUG] IPO's

["Adam Kennedy" <adamk@nospam.iname.com>]

What that article was saying a while ago, was that the Market Cap of the
companies was bigger than the Market Cap of the entire countries...

Of course, I thought MS wasn't quite over ours yet...

And in any case, the papers were saying "MS worth more than Australia"
 heavy paraphrase ), which was a joke anyway, because Australia is worth
more than just the Market Cap of it's stockmarket.

Adam

> Anand Kumria wrote:
> <snip>
> > > Doesanyone know how many transnational companies have a bigger budget
> > > than Australia?
> >
> > Many no doubt. Only three trans-national companies have larger revenues
> > than Australia's GDP. Microsoft, General Electric and IBM in that order.
>
> Rubbish. Their revenue is not larger than Australias GDP
>
> Their market caps are larger than Australia GDP but revenue quite small
> compared to Australia's GDP
> of about  AUD 530 billion  USD 346 billion
>
> IBM Revenue (1998):$81.7 billion (AUD 129 billion)   Market Cpa USD 208
> billion (AUD 330)
> M$ Revenue (1999) $19.7 billion  (AUD 31.2 billion)  Market Cap USD 505
> billion (AUD 801)
> GE Revenue (1998) $100 billion (AUD 158 billion)     Market Cap USD 444
> billion (AUD 704)
>
>
> --
> Richard Hayes
> Nada Marketing - 113-115 Oxford St Sydney Australia 2010
> phone: +(61-2) 9360 5555 fax:+(61-2) 9361 0094 mobile 0414 618 425
> http://www.nada.com.au
>
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