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Strategies & Market Trends : Value Investing
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To: Bob Rudd who wrote (18196)12/17/2003 11:07:14 PM
From: Mark Marcellus  Read Replies (1) of 78476
 
Agree that the price or MSFT is not quite cheap (low 20's would look good to me). I just picked some up too, swapping some ORCL shares, for pretty much the same reason as everybody else.

Having said that, with a company like MSFT 15% seems like a modest goal. I'm expecting (and even hoping) that it will go down further, and I'll buy more if it does. But if it goes up, I'll hang on for the long term ride. IMO, this is too good a company to let go of lightly when you do get a decent price.
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