Word: stocking
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2000
Sort By: most recent first
(reverse)
...that the stock has tanked 43% from its Dec. 30 high--wiping out $270 billion of shareholder wealth--investors have a rare chance to buy this juggernaut on sale. The trouble, of course, is that legal issues have become paramount, underscored last Friday when the Department of Justice asked that Microsoft be split in two. Until the legal cloud lifts, the stock will defy normal analysis--not unlike a tobacco stock...
Microsoft's fundamentals are sound. The company recently sent up a flag on near term earnings, but generally things are on track and few doubt that Microsoft's core products are anything but first rate. Is the stock cheap? Well, over the past five years Microsoft's price-earnings ratio has ranged between 30 and 80 and averaged 51. Now the P/E is 41, by that measure its lowest point and best value in many months. That earnings multiple is well below those placed on lower-margin businesses run by, among others, Dell and Sun. And history (notably...
...troubled by that view. Shareholders change every day, and many current holders do not have long-term gains. And this isn't just any company. Microsoft is widely held. It has 3 million individual shareholders, and the stock is held in 36% of all U.S. stock funds. It is one of the 10 largest positions in 31% of stock funds, according to Morningstar. The whole idea of the antitrust case is to protect consumers. Yet they own the stock...
...reach anywhere from 29.6 million to 43 million regular Internet users and that these users will be spending as much as $8 billion for online purchases. Those numbers have entrepreneurs and investors in such a frenzy rushing to wire the region and reap those rewards that even the recent stock market gyrations in the U.S. caused only a slight pause...
...Juan Villalonga, the arrangement must have seemed fair enough. Shortly after taking over as head of the Spanish telecommunications firm Telefonica in February 1997, he awarded the company's 100 top executives--including himself--a bushel of potentially lucrative stock options that could be cashed out after three years. With Villalonga at the helm, Telefonica became not only the country's biggest company but also one of its most profitable: it reported a 38% rise in net income for 1999. Protests against the stock scheme by labor unions and leftist politicians did little to rouse the public, in part because...