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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Sir Francis Drake who wrote (26364)7/16/1999 3:18:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
SFD, what do you think of last half hour? In Jan. it went
from 145 to 150 in the last half hour.



To: Sir Francis Drake who wrote (26364)7/16/1999 3:22:00 PM
From: Jill  Respond to of 74651
 
Morgan (or anybody): OT

Do you have any thoughts about what MSN/free computer, and tracking stock, will do to AOL?



To: Sir Francis Drake who wrote (26364)7/16/1999 3:24:00 PM
From: Jay Rommel  Respond to of 74651
 
Microsoft tops $500 billion in market value

news.com

Chairman Bill Gates's holdings in Microsoft neared $100 billion as the stock climbed 3.38 to 97.75 in midday trading of 27.2 million, making it the most active U.S. stock. Earlier, shares touched 98, up 41 percent for the year. The company's market value reached $500 billion at 97.97.

To get a perspective just how much money this is, check this out

One million dollars is ten one hundred thousand dollars. How much will a million dollars buy? At today's interest rates one million dollars in a passbook at 3% interest would provide a monthly salary of twenty-five hundred dollars a month. A billion dollars at the same interest rate would generate a thousand times that amount or two million five hundred thousand dollars a month in interest. Ronald Reagan stated a trillion dollars this way "The best that I can come up with is to say that a stack of one thousand dollars bill in your hand only four inches high would make you a millionaire. A trillion dollars would be a stack of one thousand dollar bills 67 miles high." The space shuttle has a low orbit of only 145 miles.

networkone.net

Will Bill Gates become the first trillionaire???