Word: witter
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Dates: during 2000-2009
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...expected guidelines. Yet the deal didn't need that advantage to make sense. "For something like this to work, each party has to have a good view of the strategies the other will pursue for the next five years," says Jacques de Balasy, who ran the Morgan Stanley Dean Witter banking team that advised Arbed. "These men have known each other for a long time, and there is a lot of trust built up." All three companies have managed to make money in difficult times by keeping raw material costs down and focusing on the kinds of high-grade finished...
Today "the whole industry is on the brink of consolidation," says Kevin Murphy, an airline analyst for Morgan Stanley Dean Witter. "Clearly we're going to go from six major carriers to three, and that will be the story of 2001." If that forecast proves accurate, weary travelers had better enjoy today's service, because the prospects for improvement aren't getting any better...
...past 10 years, while Shanghai's gross domestic product has grown at an average of 10% a year, compared with 3.7% average growth for Hong Kong. "Hong Kong was never really a gateway to China; it was a window," says Andy Xie, executive director of Morgan Stanley Dean Witter in Hong Kong. "But why would you want to go through the window when the door is wide open...
Barton Biggs, chief global strategist at Morgan Stanley Dean Witter, notes that spending on telecom equipment will be down in 2001, after rising steadily for years. A number of big carriers have already disappointed Wall Street with weak sales of their goods and services. Spending on PCs and by cable systems is falling too, Biggs says. Meanwhile, recent dotcom failures and near failures, from Pets.com to Drkoop.com highlight that industry's capital crunch, which will take a big bite out of revenues at suppliers such as Sun and Oracle; the latter's stock is down more than 40% in three...
Recruiters from many leading businesses will be at the BSA fair, including Morgan Stanley Dean Witter, Monitor, and PricewaterhouseCoopers...