SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (2109)4/7/1998 12:17:00 PM
From: Boplicity  Read Replies (1) | Respond to of 21876
 
Amex Lists $9 Million Issue Linked to Common Stock Of Six Telecommunications Companies

New Morgan Stanley Dean Witter Exchangeable Notes Due April 15, 2005

NEW YORK, April 7 /PRNewswire/ -- The American Stock Exchange today began trading Morgan Stanley Dean Witter & Co. 1% Exchangeable Notes. Trading under the ticker symbol TBB.A, the seven-year, $9 million debt issue will mature on April 15, 2005.

The Notes, which have a face value of $1,000, make two payments per year totaling $10, or 1% of the Face Value. At maturity, holders of TBB.A will receive either shares in a basket of six telecommunications stocks, or the Face Value. If at maturity, the Issuer elects to deliver the basket of stocks, the stocks will be delivered in the following proportion:

Issuer of Ticker % of

Basket Stock Basket Value

Ascend Communications, Inc. ASND 20%

Telefonaktiebolget LM ERICY 10%

Ericsson

Lucent Technologies Inc. LU 20%

Nokia Corporation ADR "A" NOK.A 10%

Tellabs, Inc. TLAB 20%

WorldCom, Inc. WCOM 20%

The Medium-Term Notes were issued by Morgan Stanley Dean Witter & Co. The sole underwriter for the Notes is Morgan Stanley Dean Witter. The Amex specialist unit for TBB.A is Spear, Leeds & Kellogg.

The Amex is a leader in listing hybrid debt instruments, as well as warrants on foreign currencies, indexes and other structured products.

Visit Amex web site located at amex.com

SOURCE American Stock Exchange

CO: Morgan Stanley Dean Witter & Co.

ST: New York

IN: TLS



To: Boplicity who wrote (2109)4/7/1998 12:19:00 PM
From: Erik H. East  Respond to of 21876
 
Forward PEs using Zacks average earnings @ $67 per share:

FY 98 $1.55 = 43.2pe
FY 99 $1.83 = 36.6pe

Hawaii Joe was probably looking at the 200 pe which included charges related to the Octel deal. If this wasn't 35 % of my portfolio already, I be looking at this as a long term buying opportunity.



To: Boplicity who wrote (2109)4/7/1998 1:57:00 PM
From: Jacques Tootight  Read Replies (1) | Respond to of 21876
 
Good posts Greg, thanks for the info.



To: Boplicity who wrote (2109)4/7/1998 9:48:00 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 21876
 
Fascinating post as I've been using PC-TV for almost 4 years now. Wouldn't leave home w/out it. Currently not only has freeze frame, zoom, capture/edit/save/print-out in color, and close captioning, it also bakes bread and slices it for me(eom) Oh, and it sends to and receives from both my VHS recorder as well as plays through Video Cam.

Has been an invaluable add-on ($200) to my ever increasingly crowded desktop. Entertainment my foot!!! That's why I have cardgames and JeezBall on my PC. I need PC-TV for my CNBC/CNN/FNN/FOX news feeds, a/w/a my soap operas.

GO LUCENT!

O/49r