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Technology Stocks : How high will Microsoft fly?
MSFT 472.39-0.1%11:21 AM EST

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To: Frank Ellis Morris who wrote (36959)1/22/2000 10:25:00 AM
From: tonyt   of 74651
 
>John and ALL !! The Stock of Microsoft had been falling not because
>of its earnings but because of the stupid cautious comment made
>by the CFO.

Come-on! They've been making those same 'cautious comments' with EVERY earnings release. The only thing that is different this time is that they didn't 'blow-out' the estimates (after deducting the investment gains they only beat estimates by 2c, and were over a nickle below the 'whisper').

Anyway, MSFT dropped only 10% since earnings.

Also, this time its a new CFO, and a new CEO (...one who, btw, stated months ago that his company's stock was overvalued at $95).

>We did not see any dramatic sell off with IBM,. GTW, and LU

You didn't view LU's drop since their warning as 'dramatic'?
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