Word: stockings
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Dates: during 1990-1999
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...raising them. And you play that out logically, and at some point they put their guesses so high that they are not really achievable." Dell's first-quarter revenue is growing 38%, a spectacular number for most companies. But Wall Street had been expecting better, and Dell's stock tumbled...
...media mergers and acquisitions were announced on Tuesday, each reflecting a different aspect of the rapidly evolving industry. CBS said it was buying King World Productions for $2.5 billion in stock, and Yahoo! annnounced its purchase of Broadcast.com. for $5.7 billion in stock. CBS's acquisition of one of TV?s biggest syndicators (whose hits include ?Jeopardy!? and ?The Oprah Winfrey Show?) underscored the pressure on the so-called old media to pull itself together. The Yahoo! purchase of the Internet?s leading supplier of radio and video programs (whose hits included the web broadcast of John Glenn?s shuttle...
...Yahoo! deal,? says Baumohl, ?is yet another indication that the company intends to use the enormous financial leverage of its highly valued stock to keep expanding. Yahoo! is now in a position to buy what it wants, and it couldn?t let this deal pass by.? The big Internet players, including the likes of America Online and Lycos, are in a race to strategically position themselves at the crossroads of computer, TV and telelephone information services. And so as long as investors are willing to pay for their high-priced stocks, the companies are willing to pay for high-priced...
Meanwhile, scores of smaller stocks are "excruciatingly undervalued," as Prudential Securities analyst Claudia Mott puts it. The Russell 2000 small-stock index is down 16% in 12 months. Yet many small stocks have growth rates that exceed their earnings multiples, and the group tends to do best when the U.S. economy is strong and foreign economies are weak, as now. And small companies are ripe for a wave of premium-priced takeovers by big companies using their stratospheric stock prices as currency. Some foreign markets also look attractive. These conditions have been in place for a while; patience...
...PRESIDENT GEORGE BUSH Opted for stock in lieu of an $80K honorarium. A year later it's worth $14 million. Touche...