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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (31284)4/25/2000 9:34:00 AM
From: IQBAL LATIF  Read Replies (1) of 50167
 
At 58-62$ MSFT with 15 billlion in cash would like to initiate a huge buy back, 60 has been a ressitance goign back 98 early so look at this support around 60..on MSFT. as far as market goes the way it has taken the wiping out of the entire gambling speculative side of the market of 2 trillion $ and 200 billion off MSFT shows that 'value investing' is back, with Warren Buffet shares making a new run and all those value investors seeing a good return from their BRKA BRKB shares, I see lot of these value stocks to be taken out, will Buffet start liking MSFT at 60, will he start understanding techs at 2900 of Comp I would assume , he would with so much of liquidity around and hype being addressed any sell offs are long term opportunities..
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