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 478.53

-1.0%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: abbigail who wrote (36188)	1/8/2000 11:35:00 AM
From: PMS Witch	Read Replies (1) of 74651

Off topic -- Saturn Day rant (First installment)... This has been a week that could't end soon enough: Tue-Thu blood letting and Fri LU downgrade. It seems like every year for as long as I can remember the market had a good 'first week' and everyone who could find an audience was proclaiming that "As the first week in January, the whole year goes!" Well now we've just finished a crappy first week and I haven't heard the expected "We're in for a shitty year!" even once. An observation: We had an incredible 1995, 1996, 1997, 1998, and 1999. Just how lucky do we think we can get. Our company is near a triple digit PE and we've seen five great years. A pause to catch our breath would not be unexpected here. Invest with greed, but don't invest with blind greed: be sure the safety-net is secure. I'm not predicting gloom: I'm bracing for it. My time horizon is quite long and a typical tough period of 10 to 20 months won't cause serious damage to the next 5 to 10 year's performance. As usual, nimble traders will easily beat my buy-and-hold returns, but when they do, they earn it and deserve their rewards. Cheers, PW.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next