Stock market prices are in the financial press. Their is a lot of talk about the global stockmarkets being highly over valued. What is interesting is seeing the valuations of some technology companies.
Lets look at American Telephone and Telegraph (AT&T).
http://www.nasdaq.com/symbol/t
Now lets look at Facebook
http://www.nasdaq.com/symbol/fb
The difference is huge.
AT&T’s market value is: $203,049,800,000 ($203 Billion)
Facebook’s market value is $523,481,434,266 ($523 Billion)
Two huge technology companies, one over 100 years old, and the other is less that 15 years old.
Yet Facebook is worth more than twice that of the telephone giant, AT&T.