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Re: Re: [sharechat] US Markets/Interesting Article


From: "Steve Moxham" <stevemox@e3.net.nz>
Date: Fri, 1 Dec 2000 11:09:04 +1300


That was a good article.
Unbelievable valuation. To put it in perspective, that one company is valued at more than twice the amount of our biggest mkt cap, Telecom, and it has no revenue or profits. At it's height of $37 billion, it was worth over 50% more than ALL the companies on the NZSE combined! Therefore, that one company made up around 0.3% of the valuation of the world's stock markets. I can't imagine our market ever experiencing those kind of valuations, although perhaps it would make a nice change. =)
 
Corvis Corp
Detailed Quote (CORV)
Last: 28 13/16 Change: -1/16 
Open: 26 11/16 High: 28 13/16
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Bid: 28 11/16 Ask: 30
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Thursday, November 30, 2000  4:05 PM
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 52-Week Low:  19 3/4
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 Average Price:  55.13 (50-day)   69.76 (200-day)
 Average Volume:  3,186,700 (50-day)   3,162,900 (200-day)
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