How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 497.36

-1.9%

Nov 6 3:59 PM EST

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To: johnd who wrote (55285)	1/17/2001 1:10:25 PM
From: Dave	Read Replies (1) of 74651

Did you notice the reaction of street today and during the last few days to MSFT> John, I think that has been more a function of Wall Street's wild, nonsensical gyrations, than of the bad news coming from Intel. You should think of Wall Street less as a bunch of neatly dressed professional analysts with keen insight into market dynamics and corporate accounting, and more as a loud-mouthed pack of martini-swilling ex-frat-boys who were lucky enough to be blindly bullish during the most excessive bull market of all time while their smarter and more prudent seniors were dropped like hats for daring to talk about value while momentum was all the rage. You really shouldn't look to the random walk of stock prices to help you analyze corporate results. Dave

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