View Single Post
Old 01-30-2009 | 03:52 PM
  #2  
REAL Pilot's Avatar
REAL Pilot
Gets Weekends Off
 
Joined: Jan 2007
Posts: 225
Likes: 0
Default

[quote=Boogie Nights;548882]Market capitalization/capitalisation (aka market cap, mkt cap or capitalized/capitalised value) is a measurement of corporate economic Wealth size equal to the share price times the number of shares outstanding of a public company. As owning stock represents owning the company, including all its assets, capitalization could represent the public opinion of a company's net worth and is a determining factor in stock valuation.(quote)


Probably only in Econ 101. If it was an accurate measurement, then these stock prices need to at least go up 100%. Most legacys have more cash in the bank than their market cap states. But this is the danger of the infamous "leveraged buyout" that Lorenzo and others perfected.

Carpe Diem
Reply