-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BjtNTs1A4EttNtql+74i1gwk1l5kU+zcbzfscfqcxfeFvqttbtXkpgGNua84V/vB ZyEuG3cyR7UkJN2FA5VzrQ== /in/edgar/work/0000905148-00-002001/0000905148-00-002001.txt : 20001012 0000905148-00-002001.hdr.sgml : 20001012 ACCESSION NUMBER: 0000905148-00-002001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20001011 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20001011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY DEAN WITTER & CO CENTRAL INDEX KEY: 0000895421 STANDARD INDUSTRIAL CLASSIFICATION: [6199 ] IRS NUMBER: 363145972 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11758 FILM NUMBER: 738544 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127614000 MAIL ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: DEAN WITTER DISCOVER & CO DATE OF NAME CHANGE: 19960315 8-K 1 0001.txt T:\EDGAR\EPSTEIN\10118K.TXT ========================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): October 11, 2000 MORGAN STANLEY DEAN WITTER & CO. (Exact name of registrant as specified in its charter) Delaware 1-11758 36-3145972 (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification Number) 1585 Broadway, New York, New York 10036 (Address of principal executive offices including zip code) Registrant's telephone number, including area code: (212) 761-4000 ========================================================== Item 5. Other Events Attached and incorporated herein by reference as Exhibit 99.1 is a press release dated October 11, 2000 regarding recent activity in Morgan Stanley Dean Witter & Co.'s high yield business. Item 7(c). Exhibits 99.1 Press release dated October 11, 2000 regarding recent activity in Morgan Stanley Dean Witter & Co.'s high yield business. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. MORGAN STANLEY DEAN WITTER & CO. --------------------------------- Registrant /s/Ronald T. Carman ----------------------------------- Ronald T. Carman Assistant Secretary Date: October 11, 2000 Index to Exhibits Exhibit No. Description - ----------- ----------- 99.1 Press release dated October 11, 2000 regarding recent activity in Morgan Stanley Dean Witter & Co.'s high yield business. Exhibit 99.1 MORGAN STANLEY DEAN WITTER & CO. - ------------------------------------------------------------------------------ News - ------------------------------------------------------------------------------ FOR IMMEDIATE RELEASE Contact: Corporate Communications Raymond O'Rourke (212) 761- 4262 NEW YORK - October 11, 2000: The following statement was issued today by Morgan Stanley Dean Witter (NYSE: MWD) regarding recent rumors of losses in its high yield business: It has been our general policy not to comment on market rumors or on positions we may hold in individual securities. However, in light of recent market speculation about the size of losses in our high yield business, we are providing the following information: First, total net trading revenues year-to-date in our global high yield business are positive. Second, the effect of markdowns to our high yield portfolio taken in the third quarter reduced earnings by less than $.04 per share. Third, markdowns taken in the current quarter are of approximately the same magnitude. Finally, we expect that any additional markdowns over the balance of the quarter will not be material. Our results continue to benefit from a strong risk management culture that has served us well through other periods of market turbulence. We remain committed to the high yield business, which is a key component of our total securities franchise. With the recent movement in the price of our stock, we have accelerated our buyback activity. Morgan Stanley Dean Witter & Co. is a global financial services firm and a market leader in securities, asset management and credit services. The Company has offices in New York, London, Tokyo, Hong Kong and other principal financial centers around the world and more than 506 securities branch offices throughout the United States. ### This release may contain forward-looking statements. These statements, which reflect management's beliefs and expectations, are subject to risks and uncertainties that may cause actual results to differ materially. For a discussion of additional risks and uncertainties that may affect the Company's future results, please see "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's 1999 Annual Report to Shareholders and the Company's Quarterly Reports on Form 10-Q for fiscal 2000. Access this press release on-line @ www.msdw.com -----END PRIVACY-ENHANCED MESSAGE-----