How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.16

-0.2%

11:35 AM EST

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To: jmac who wrote (31802)	11/5/1999 7:20:00 PM
From: PMS Witch	Read Replies (2) of 74651

The question is: Is Microsoft fairly priced at current levels? To answer this question, one must consider what the price of Microsoft would be if this case had never began. I think that without this case, Microsoft stock would be somewhat higher. Given this, we must decide if the current discount adequately compensates for the risks to investors this case represents. I don't know if these risks are fully priced, but we all know uncertainty is very highly priced by the market, and any reduction of it should be viewed as positive. As far as the quick decision to sell tonight, I think of the old say "Act in haste; repent at leisure." when I view the action. Cheers, PW. P.S. I guess Reno's happy about deflecting some Waco heat.

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