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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.56-2.0%Jan 20 4:00 PM EST

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To: HairBall who wrote (47551)4/21/2000 2:34:00 AM
From: Alex Mt  Read Replies (1) of 99985
 
What's the big deal with Microsoft? Balmer said last year that they were going down. He was right. The stock is down 32% YTD.

Microsoft's success was its' ability to wipe out competition. Now that it is restrained it's only the analysts' hot air that is keeping this balloon up.

It is unfortunate that scared herd mentality sees this a problem for other tech companies. Actually it has been good for the competition and should hardly affect the market.

JMHO

Alex
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