How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.34

-3.0%

12:56 PM EST

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To: johnd who wrote (39064)	3/6/2000 2:50:00 PM
From: johnd	Read Replies (1) of 74651

JFD, You and I know that MSFT is the leading, but safe bet on the new economy. Take a look at the stock today, AG talks about rate hike, and street took softy down. When Fed raises rates, it is good for MSFT because, MSFT doesn't carry debt or borrow money, but invests. Instead of paying high interest expense, MSFT gets the benefit of higher interest income. Soon street has to catch up to this. In the mean time, I keep buying.

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