How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

Nov 28 9:30 AM EST

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To: Jim McMannis who wrote (41376)	4/6/2000 11:46:00 AM
From: Srexley	Read Replies (1) of 74651

<6. People don't appreciate their retirement money being wiped out by the current Washington crowd.> Lot's of people on this thread throwing phrases like this around loosely. What exactly is your definition of "wiped out"? The stock is 27% off it's yearly high, so the MOST anyone has lost is 27% IF they bought all of their stock on the day of the high, and MSFT was the only stock they held. This also would indicate that they started their retirement accounts relatively recently, and still have a year or two to recover. What phrase will you use if there is real trouble? Also, anyone can get out now if they want and cap their losses at 27% (in the unlikely scenario that they meet the above criteria).

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