How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 506.00

+1.8%

Nov 10 3:59 PM EST

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To: jmac who wrote (29964)	9/24/1999 1:03:00 AM
From: ed	Read Replies (2) of 74651

Taxman, As a insider, what is the difference if the CEO made the following statements: 1) " I expect Microsoft's stock to hit $130 by the end of this year. 2) " Microsoft's stock price is under valued at the current price " 3) " I expect Microsoft to go down to $45 by the end of the year" 4) " I think Microsoft is very ove valued at the current price " To me, any of the above statement made by the CEO is to manipulate the stock price , and it is not right , unapporiate, and can be seen as a criminal act. He can talk anything about the business, the future look of the business to either push up / down the stock price, and which will not disturb me at all. However, if the CEO talks directly about the stock price or the valuation of the stock in public , it will make me very uncomfortable. The investors should have the right to file suit or file to the SEC for such statement in public by company's CEO . And , if a big loss occured due to such statement made by the CEO in public, the investor should bring this to the court for compensation !!!

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