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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: Al Bearse who wrote ()11/22/1999 1:30:00 AM
From: Sam Asava  Read Replies (1) of 74651
 
From Briefing.com:

Briefing.com also noted in Friday's Brief (see Stock Briefs page) that Microsoft (MSFT 86) was one of the best values in the hyper-inflated tech sector given the upcoming release on Windows 2000, the explosive growth potential of Windows CE, the successful Expedia spin-off, a great management team and over $18 bln... Additionally, we noted that the market had largely priced in the downside risk associated with the anti-trust case... Briefing.com maintained that any positives on this front, such as news of a settlement, would trigger a major rally in the stock... Well, after Friday's close the court appointed a mediator in the case in an effort to bring the two sides together on a settlement... As we expected, the stock reacted very positively, gaining more than 4 points in early after hours activity
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