The top 10 tech companies with the most cash and equivalents listed on the S&P 500 have $210 billion, while the next 62 tech companies from the S&P have just $108 billion in total.
Cash has become king to an even greater extent than in the past because of the credit crunch. A company with a lot of cash is in a disproportionately strong position now than it would be in normal times.
2 comments:
Where is Robin Hood when we need him? oh, that's Obama Hood to you sir.
CASH IS KING!
Post a Comment