How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Frank Ellis Morris who wrote (31097)	10/25/1999 8:14:00 PM
From: t2	Read Replies (2) of 74651

MSFT executives have started realizing that it is not a good idea to be so pessimistic about their future prospects. This pessimism has only helped the upstarts companies or operating systems like Linux. If they appeared more confident about their own growth, i believe that it would have helped in the marketplace. Sometimes great stock performance is a leading indicator of Revenue growth. When the stock starts struggling it could hurt sales. Great stock performances are generally rewarded with a positive image of being a winner and that fuels more sales. If the stock lags too much, then there could be trouble. Notice what happened to IBM stock due to mainframe slowdown. I believe it will carry over into their other businesses. So many people follow stocks these days that a stock that drops due to earnings or revenue shortfall will be looked upon as a loser. Contrast that to Microsoft's "awesome" quarter and upbeat earnings projection. I believe that Microsoft will make more inroads in areas where it competes directly with IBM as a result (such as Lotus Notes) and others such as Oracle. IMHO, Microsoft is about to really pick up momentum since it is being identified as the "winner". It will have a pyschological effect on buyers on the buyers of their products. In addition, that story posted earlier about Microsoft's push into the high end sends the message that Microsoft is now about to take a take no prisoners approach to areas where they don't have to worry about government interference. This combined with a positive image gained by saving the technology stocks last week should drive the stock. All the mutual fund holders along with other tech stock investors are thanking Microsoft for saving their assets from further declines. Seems that the stock should start moving very well going into January earnings. That is what i am betting on. It struggle for a little bit longer but i am patient (only with Microsoft<g>).

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