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Technology Stocks : Intel Corporation (INTC)
INTC 43.80+0.7%3:39 PM EST

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To: Barry Grossman who wrote (91861)11/7/1999 8:11:00 PM
From: Road Walker  Read Replies (2) of 186894
 
Barry,

It's early to speculate on how the markets eventually will respond to the Microsoft FOF news. But the futures are not encouraging:

cme.com

Everything considered, this has very little effect on the fundamental value of tech companies, probably including Microsoft. But it may lead to a change in the valuation of the sector.

First there was tobacco, then the gun manufacturers, now the judicial system is after the largest, most successful tech company. It certainly doesn't leave investors with a higher feeling of confidence in equities.

John
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