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In a message dated 5/5/2005 2:24:36 P.M. Eastern Standard Time,
deobisnath@xxxxxxxxx writes:
but , of
course, the equation has changed, the market has been walloped by the
downgrade to junk status of 2 of the biggest corporations in the world
- Ford and GM
This news was expected and the selling is just a kneejerk reaction. As for
market cap, they both have a similar market cap of 17.5B which places
them each about 270th in the world, so they are well down the list
these days.
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