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Technology Stocks : How high will Microsoft fly?
MSFT 506.87+0.7%10:50 AM EST

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To: Jill who wrote (30452)10/6/1999 4:47:00 PM
From: t2  Read Replies (2) of 74651
 
Jill, i have also been watching other stocks. I been investing heavily in JDS Uniphase and AOL and it is paying off pretty well.
MSFT seems to be stuck in the 90 to 96 range. I bet Ballmer now wishes he had not made the overvalued tech stocks comments. I read that Steve Case of AOL said maybe Ballmer should sell his MSFT stock and buy AOL shares. I took that as another reason to buy more AOL.
Therefore, I am hoping for MSFT to do something to get the stock out of its current range. Sometimes being too negative is not good for the performance of the stock. All we need is rumors of a settlement in the DOJ or a good fact finding statement by Judge Jackson, or a significant move in the internet arena.
I hope MSFT recognizes that its image of making shareholders happy may be under some risk. They could do all kinds of things to keep shareholders happy. Making a statement to increase its stock buybacks, issuing a positive outlook at earnings, offering shares to existing shareholder for a few spinoffs are such examples. I doubt a stock split is planned at this time but you never know.

I have just decided to hold my core shares and add more when i am done with my big movers. I have basically limited my options to basically AOL and JDSU. Keeping my shares in MSFT but not ready to trade options on it yet. Avoiding options on MSFT until some of the uncertainty is lifted. I do believe that in a years time, the decision to buy MSFT at current levels will be considered a "no brainer".
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