How high will Microsoft fly? Message Board

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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: taxman who wrote (42145)	4/15/2000 12:51:00 PM
From: PMS Witch	of 74651

Black Monday ... We've already had Black Monday. It was in 1987. Those who sold, finished the year poorer than those who held. The worst market decline, 1929, well before my time, saw prices deteriorate 85% by 1933. At the bottom, some shares were selling below the cash levels in the company's treasury. Interest rates approached zero. I've survived the pot-holes of 87, 90, and 94. I don't see 2000 proving fatal. Cheers, PW.

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