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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Uncle Frank who wrote (15605)2/6/1999 10:33:00 PM
From: Lee Martin   of 74651
 
Right on Frank! Can you imagine what the IPO of MSN would be like?
The market values MSFT as a software co. with no recognition of the the internet side of the business. One reason I'm in the stock is I think the market will begin to recognize the value of MSFT's investments in the internet and award it a higher PE and stock price.
Of couse with a mandated split that value would be recognized overnight. Let's assume the court orders MSFT to spin off IE, MSN etc. what would be the smartest way to play these IPO's? Why to buy MSFT, preferably BEFORE the gov't orders the split. So in other words I like MSFT in one piece but if the gov't wants to force it too split up that would be even better.
Hopefully all the hype about what the gov't might do will cause an analyst to run the numbers and figure out what the pieces would be worth. As soon as that info. hits the wires MSFT is headed higher.
Regards,Lee
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