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Technology Stocks : How high will Microsoft fly?
MSFT 480.86-1.9%3:48 PM EST

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To: Valley Girl who wrote (34942)11/30/1999 11:11:00 AM
From: PMS Witch  Read Replies (2) of 74651
 
...but I'm just sick with worry over the current situation in MSFT...

So is everyone else. Or at least they should be. When people shout loudly, they're often desperately trying to convince themselves as much as the person they're shouting at. Indeed, Microsoft looks to be in a pickle at the moment. We could be witnessing the end of a great 1990s company. Schools of business and political science will be using the assassination of America's premier company in America's premier industry as a case study for generations to come. I can just see study groups searching for an answer to the question "Why did they destroy the source of so much prosperity?", and with the clarity of sight which often comes too late, point the finger of blame on the usual suspects: envy, greed, opportunism, ....

Or maybe not! Microsoft management is not a den of fools. These people have built a wonderful company and will not wish to see it destroyed. I'm sure they have a plan. (They always do!) In time, we'll see this behind us, just like all the other 'death blows' we've seen Microsoft deflect. It may seem I have blind faith in Microsoft -- I do! I had blind faith when I bought my position in 1989, and I had blind faith during every tough period we've gone through since.

Whenever I get really frightened or upset about what's happening to my company, I re-trace some of the scrapes we've been through together. I keep some old Business Week issues around, I have some CNBC stuff on tape, and I've clipped a number of doom-and-gloom newspaper columns. I'm usually laughing before I finish my 'collection.' Nothing like putting 'expert' opinion into context.

I've ranted enough for one post. I'm off to pester the next poor soul.

Cheers, PW.

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