MSFT - can it be at 80 by next Friday?, what would it take?
Say 55 - 68 on Thursday and +12 on Friday???
I'm as Big-A-Bull on Mr. Softee (have not heard much of THAT name lately <g>) as the next guy Johnd, but obviously Mr. Market is seeing things a _little_ differently then myself, for now. Conjecturing on a post (turned into a beer bet) earlier, I'll stick to my comment earlier: "North of $88 by the end of May, Far North of $88, depending on the outcome of the elections". Eighty by Friday? I'll take it Johnd, and I can smell the beer _already_ and hear the <crunching> of at least One keyboard!! ;-)
PMS Witch made some nice observant comments (on post #49786) that I would put some value on, with credence. Here is a small excerpt from it:
This may take some time. I believe Microsoft must re-prove its value as an investment, as many people have been disappointed with how they responded to some recent challenges, such as their current legal mess, for example. We need to see some evidence that the leadership in Redmond has a firm grasp of the current business climate, technology direction(s), and customer needs. For many, investing is an act of faith, and most require some foundation upon which to base this faith; hence, re-establishing investor confidence is a huge challenge and will take time.
To me, this foundation is of equal importance through out. Political aspects (read: legal woes), has become "A Leap", equivalent in importance to "The Leap" into the new IT Paradigm. I don't need further assurance personally, as does the market. BWDIK, I'm just a lowly holder of a "old economy" stock, who is here for The long term plan.
Mr. Market has written off on both accounts, for now: "Its an old economy company", "they're through!", "Bill is asleep at the wheel", "they don't understand", "Steve doesn't know doo-da", "insiders are selling, they must know something", "I haven't seen their hand-helds make any inroads,... CE who?", "Microsoft should have settled!", "they don't care about the shareholders", "they're cookin' the books to show", "MSFT has been UPGRADED from 'Sell' to 'Avoid' by Axxel <g>... La-D-Da-D-Da. I have about seen it all now.
Call me overly confident that they do indeed get IT on ALL fronts, and completely understand the Mountain before them, and have planned accordingly.
Call me blindly faithful as well, that they will within the year(s) 2001-002, convince the World once again of their Awesome Prowess of Execution into the New Paradigm, as they once did with the PC; Execution via the Web, Execution via U.S. vs Microsoft.
As that song goes: "Insane In The Membrane, Insane In The Brain!" Insane in the membrane, I was once called on my initial purchase of MSFT; insane in the brain I am called with fervor today. |
