How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.18

+0.3%

3:59 PM EST

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To: Jon Stept who wrote (30069)	9/24/1999 4:06:00 PM
From: XiaoYao	Read Replies (1) of 74651

Like I said before, I don't really know why he said that. But shareholder value is enhanced by company's performance. His words along can't enhance nor destroy shareholder value. Executives in Microsoft had been talked down its stocks to lower expectation and try to smooth the growth of the stock for many years. I would rather MSFT increasing 5% each quarter than up 50% in one quarter then down 30% in another. The steady growth also helps Microsoft to use stock option to attract new talent, so it could say it helps shareholder's long term value. Of course, if you want to sell some for cash in the very near future, like I am planing, it didn't help.

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