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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Charles P. Hubbard who wrote (4305)3/8/1998 9:30:00 AM
From: Bob Trocchi  Read Replies (1) of 18691
 
Charles, et All:

Interesting statistic in today's world.

The following below is a little "snippert" I took from Barrons.

Bob T.

>>One nifty measure of how spirited a rise tech stocks enjoyed P.I. (pre-Intel) is that the market value of Microsoft has swelled by $40 billion since the beginning of 1998 -- which is more than GDP will likely increase in the first quarter, assuming 3% growth. Put another way, Microsoft has added more in market cap in a bit over two months than the $7 trillion economy of the U.S. will add in the opening three months of the year.<<

interactive.wsj.com
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