How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 493.80

-2.7%

Nov 18 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Frank Ellis Morris who wrote (33925)	11/14/1999 11:05:00 AM
From: Art Bechhoefer	Read Replies (1) of 74651

Frank, the reason I mentioned the comments in BARRON'S has nothing to do with whether their comments are reasonable or valid. BARRON'S is widely circulated in the investment community and, for better or worse, reflects a significant amount of opinion within the investment community. Investors (by which I mean professionals who are involved in managing large funds or trusts) don't like to see firms bogged down in litigation. Just look at what happened to Philip Morris. The stock was in the 70's before factual evidence of fraud (about not knowing the health effects of smoking) was uncovered a few years ago. The shares have lost two-thirds of their value since then. A similar fate will befall Microsoft unless the company leadership recognizes that it's better for shareholders to settle, rather than continue as if nothing is wrong. Whether or not I like the stock is not important. Whether or not I (and others) see better opportunities elsewhere is.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next