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Hi, Clarence,
FWIW, I first bought MSFT at 83 last year, several months before W95
came out. Then I bought more not
that long ago at 125 <had some extra cash and MSFT is where I wanted it
to go>. And just this friday, 7/12, I had sold another stock
<small cap that wasn't doing much the last few months, and I didn't
want to lose on it the last few days>, and i used the cash from it to
buy more MSFT, needless to say at a much GREATER bargain than before
at 114. Of course it went down to 112 after I bought!
I'm longterm on this company....IMO it has a great future, a
leader who never rests, and no matter how good MSFT does is not
good enough for him, and the financial standing is very good. There
is always risk, but I think the potential is really even greater for
MSFT in the future. They have competition, but there is no one that
has the market like they do.
I felt the same way about Disney in the early 70's, and I'm certainly
glad I held on and have waited that one out.
These are my thoughts! I say nows the time IMO to buy! While you have
this lower price opportunity! |
