Mark, Philips? What a screaming buy less than a year ago, but I didn't jump into it until it was near 50.
Do you know what's unique about Phg? Earnings!!
.Earnings Per Share: 3.80
Price/Earnings 39.82
Oh Mark, did you know that American's spent more than $20 bil on wine in 1999? And California produces 91% of America's wine.
I bet you knew that.;-)
>Today's Quote*
16:00 January 21, 2000 Last: Change % Change Volume
151 5/16 3 1/4 2.1 % 184,000
Open Day High Day Low
153 15/16 153 15/16 151
Earnings Per Share: 3.80
Price/Earnings 39.82
52 Wk High: 157 7/8
52 Wk Low: 3 7/8
% Change YTD: 12.1 %
Security Information
Ticker Symbol: PHG
Exchange: NYSE
Ratio (A:O): 1:1 Type: NYS
CUSIP: 500472204 Currency: USD
Company Description
Philips is active in about 100 businesses, varying from consumer electronics to domestic appliances, and from security systems to semiconductors. The company is among the world's top three producers in many of these businesses, including lighting, monitors, shavers, and color picture tubes for TVs and monitors. Philips produces over 2.4 billion incandescent lamps every year, and some 30 million picture tubes; and each day, its factories turn out a total of 50 million integrated circuits. PolyGram, a 75 per cent subsidiary of Philips, is the world's largest music corporation.
Philips employs 267,200 (end March 1998) people all over the world, and had sales of US$ 39.2 billion in 1997. The company has production sites in over 40 countries and sales and service outlets in 150 countries. Research laboratories are located in six countries, staffed by some 3,000 scientists. A global network of some 400 designers is spread over 25 locations. Shares are listed on 16 stock exchanges in nine countries. Philips is eighth on Fortune's list of global top 30 electronics corporations.
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