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Technology Stocks : How high will Microsoft fly?
MSFT 476.74+0.4%3:33 PM EST

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To: Milan Shah who wrote (40478)4/2/2000 10:58:00 PM
From: Marvin Mansky  Read Replies (4) of 74651
 
Milan: In my own experience I would not sell out when bad news strikes, however this situation is vastly different. I believe the stock price will drop in three phases.

Phase 1: Monday prior to Jackson's conclusions of law;

Phase 2: After release of conclusions of law

Phase 3: Announcement of damage lawsuits against Microsoft.

Also any company anticipating buying Microsoft products may want to postpone purchases due to uncertainty concerning litigation.

Ultimate price to drop to $55 per share IMO. So I would sell out tomorrow if I was long MSFT, then if you love MSFT, buy back in at $55 per share. This is JMHO.
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