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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Coakley who wrote (3662)2/3/1998 3:29:00 PM
From: Steven Bowen  Read Replies (2) | Respond to of 12468
 
Totally on the side:

Did you happen to hear them talking about Microsoft on CNBC this morning?

- the market cap of Microsoft is greater than that of GM, Ford, and Chrysler combined.

- 8000 Microsoft employees have become millionaires.

Both stats boggle my mind.

Couple other stats:

The market cap of all issues on Asian markets, combined, in US$b

Hong Kong 357
Taiwan 275
Malaysia 98
Singapore 84
Korea 60
Indonesia 30
Phillippenes 28
Thailand 24

Total 956

to put this into some sort of perspective:

GE 250
MSFT 180
KO 159
MRK 141
INTC 132

total 862

Note Bill Gates himself is worth more than the total market cap of several of these Asian companies.

Incredible.



To: Brian Coakley who wrote (3662)2/3/1998 3:55:00 PM
From: SteveG  Respond to of 12468
 
<.. I can't figure out why this Reagan fellow is so negative on WCII..>

He's not. He's playing contrarian to grab a headline from Grubman/Vogel. Even LM top telecom-oriented brokers are looking for a much higher 12 month price target. He'll likely need to readjust his model after the auction.


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