I have the same temptation. Fortunately, I only have half the MSFT that I had 5 months ago. I'll probably wait for it to bounce a little, but that's risky. What we may be seeing here is MSFT losing its long-standing widows-and-orphans-stock status. It may be getting dumped in mass quantities by fund managers, and may never recover.
It's funny. Those jerks could have settled before the findings of law, saved their company, saved the market, saved everything except their own egos. Now they will drag their own fortunes and their own shareholders down with them because their egos won't let them admit their "mistakes".
What's most ironic is that the MSFT fanatics are ready to place the blame everywhere except where it belongs. Look around the various boards: big government, Bill Clinton, Janet Reno, the Liberals, the Democrats, Scott McNealy, Larry Ellison, Save The Whales, etc. etc. etc. Nobody dares speak the name of the real culprit: Bill G. and his band of unrepentant head-in-the-sand merry crooks.
It ticks me off. But on the other hand, I saw one analyst yesterday say that SUNW "will do a little dancing on MSFT's grave" <g>.
--QS |
