How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 485.92

+0.4%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Yaacov who wrote (50013)	9/26/2000 2:53:17 PM
From: Dave	Read Replies (1) of 74651

"Do you believe that the stock will now clime despite the fact that it will stay in the court for some time?" I know you didn't ask me, but personally I think MSFT would sink even if there were no earnings erosion or antitrust issues. The problem is, it's a richly valued stock (although, as somebody will probably point out, not so richly valued as some others) in a looming bear market. The coming Tech Wreck Part II will take MSFT down along with the rest of the overvalued tech issues. Today's Supreme Court news was the best MSFT news in a long time, and it just wasn't enough to get MSFT out of its range-bound trading. And given that the antitrust case will be a monkey on their back for years, and that MSFT's future direction is just defensive retrenchment, I wouldn't be surprised to see MSFT trading in the 40's after this next big Tech Slump.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next