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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (8336)9/23/1999 5:08:00 PM
From: Q.  Read Replies (2) of 78858
 
MSFT's CFO said more or less the same thing a year or two ago. That put a momentary dent in MSFT stock price, which turned out to be nothing, really, compared to the subsequent humongous price rise.

I don't own MSFT, but I'm skeptical about how lasting the impact of this statement will be.

VIX, by the way, is once again back up to 30, which in recent months has been the level that marks a bottom. We'll see whether or not it holds this time.
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