Fool99

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    • Wed Mar 19th 16:38 PM | Rating: 0 0
      Commented on:
      Visa Already Twice MasterCard's Market Cap
      There are 406 million shares of float stock. Price x float ("tradable") stock = market cap. That's how S&P calculates it, anyway. It seems a bit preposterous to assume the price would stay stable if the number of public shares suddenly doubled.

      @ Wez: They own the processing, the network, and the brand. The latter, I think, is the most important. How many times have you gone into a store or restaurant where they take AmEx or Discover, but DON'T take Visa? The first two need to sell hard to merchants; Visa just sits there, and merchants beg to sign up.

      Doesn't mean their stock will soar, but they're the dominant force in an easy-to-understand industry with an easy-to-understand business model. They seem kind of like Coca-Cola in that respect...
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    • Wed Mar 19th 14:41 PM | Rating: 0 0
      Commented on:
      Visa Already Twice MasterCard's Market Cap
      My point exactly
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    • Wed Mar 19th 13:58 PM | Rating: 0 0
      Commented on:
      Visa Already Twice MasterCard's Market Cap
      Still, though - who taught this author to do math? Market cap at $60/share is nowhere near $58 billion...not to mention that the chart included is completely useless and would be even if it were accurate
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    • Wed Mar 19th 13:56 PM | Rating: 0 0
      Commented on:
      Visa Already Twice MasterCard's Market Cap
      Yeah, which is why MA is really the only comparable company, not AXP, or Discover. It's easy to see why expectations are so high...I don't see it going up fivefold in two years like MA, though.
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    • Wed Mar 19th 13:31 PM | Rating: 0 0
      Commented on:
      Visa Already Twice MasterCard's Market Cap
      $60 per share x 406 million shares outstanding = $24.36b market cap. Where do you get $58b?
      View article »
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