How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.52

-2.8%

Dec 10 3:59 PM EST

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To: Jill who wrote (32340)	11/6/1999 6:47:00 PM
From: RTev	Read Replies (1) of 74651

Perception drives the market... I just read the New York Times package on the case. Yes. Very negative, indeed, especially the one that speculates on the effect of the FOF on MSFT price: nytimes.com (Need membership, of course.) David Readerman, an investment banker who studies the company, says he expects Microsoft's shares to drop early this week, though by no more than 10 percent. Still, a 10 percent decline in would erase $47 billion in the wealth of Microsoft shareholders. "It won't be a wipeout," said Mr. Readerman, a managing director at Thomas Weisel Partners in San Francisco. "Microsoft is still a great growth story. But not only the Department of Justice, but also now a federal judge feel that some of that growth was acquired improperly."

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