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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (47841)12/14/2000 6:00:46 PM
From: GraceZ  Read Replies (1) of 436258
 
i dimly remember the Win95 PR debacle...but their earnings never missed a beat if i'm not mistaken.

And neither did their stock price. There was unrelenting dumping on the part of institutions yet the small order buying public snapped up the shares and the stock held and actually rose.

If I'd owned MSFT stock I'd have sold it in '98 when I sold INTC because it was clear then that the growth in the stock price was outpacing the growth in revs.

Reduced growth in revenues and all, MSFT is still a big cash machine and cash is going to come in mighty handy to pick up all those bargains that will abound in this tech shake and bake.

Things are OF COURSE as BAD as you guys say they are! The desktop is DEAD. The question is, where did it go after that?

Just remember, its much easier to have a good quarter after a few miserable ones.
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