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Technology Stocks : How high will Microsoft fly?
MSFT 485.92+0.4%Dec 19 9:30 AM EST
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To: OLDTRADER who wrote (38673)2/28/2000 2:10:00 PM
From: John F. Dowd  Read Replies (1) of 74651
 
OLDTRADER: Welcome aboard. MSFT languishes as people jump out of the DOJ clouded scenario to invest in what they think is the "new" technology. They hope to find the next MSFT. As I have always maintained MSFT is the next MSFT and it is heavily involved in the "new" technologies from broadband to wireless to imbedded systems. Additionally they have just embarked on a new product cycle that I am sure is even surprising them to the upside regarding its acceptance. Particularly noteworthy are the comments of some of our more Windows savvy people on this board who have extolled the virtues of W2K as a single user product. I lack the imagination as to what fear the investor selling MSFT is motivated by. Even the most dire of outcomes will be a plus for MSFT. As one reads the briefs and feels the pulse of public sentiment this DOJ thing will not prevail. Unfortunately trying to figure out the bottom of this thing has become puzzling and it seems to be becoming a better bargain with each passing day. But the market unfortunately is always right (although Judge jackson might take issue with that). I hope MSFT is taking advantage of this weakness to buy back cheap shares for its employee option programs. JFD
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