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Technology Stocks : How high will Microsoft fly?
MSFT 490.06+0.7%3:59 PM EST

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To: Fred Levine who wrote (40808)4/3/2000 6:53:00 PM
From: Peter Greenhill  Read Replies (1) of 74651
 
As a UK investor in Microsoft, it appears that the Judges decision has spooked the whole NASDAQ. If this turns out to be more than a short term blip then I suspect that the Democrats could pay a heavy political price in the coming elections. Direct investment in stocks is significantly higher in the US than over here but holders of mutual funds and pension plans could also be severely hit. If this proves to be a significant fall and recovery is slow then the Republicans could well gain the benefit.

From my own view, I am not too bothered about where the stock is going tomorrow, next week or next year. I'm holding for at least 5 years and have a gut feeling that the stock will be significantly higher then than now. Regardless of the final outcome of the DOJ case.

Pete
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