How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 430.29

-0.7%

Jan 30 9:30 AM EST

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To: Brian Sullivan who wrote (48250)	7/29/2000 4:53:22 PM
From: John F. Dowd	Read Replies (1) of 74651

BS: Thanks for the restatement of the Maria Bartiromo (or any other talking head for that matter) analysis. Please reread my post. Growth of any magnitude, in and of itself, is not bad. Inflation is too much money chasing too few goods. With such modest wage increase 1% and such great growth 5% while consumer spending is abating leaves only one logical conclusion. There is not even the threat of inflation. Growth does not necessarily beget inflation. The numbers released last week indicated we are spending more of our GNP in becoming more productive (capital spending) and we are growing at a very productive pace with very modest wage inflation. We could not have had better news. If you wish to echo the sentiments of the manipulators of Wall Street be my guest, but spare me the regurgitation of those opinions that are spouted ad nauseum on TV. JFD

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