Thanks, Arnold. Just appreciate you knowledgeable guy on business pratice and common sense. I'll sit back and enjoy these SI postings. I followed MSFT,INTC,TXN,BAY,SUNW,HWP and CYRX(not any more). Maybe one day, I figure out what means what.
From near term price basis, it seems MSFT is still vulnerable. I should have 'bought' instead of 'sold' yesterday when 'panic kick in' with the product delay announcement.
I read the CFO's statement of "flat period" as a sign of short term weakness. The momentum players would hit the exit right away and I was scared out. Andy Grove said "Only the paranoid survive". Hope my small lost trade me some experience. I sold at 133 3/8, waiting to come back and just sit and way.
Now that it's kind of settling in, THAT product delay really don't mean a lot. With all the new and powerful PC coming on stream like crazy, Window95 probably makes more money for MSFT than 98. My PC is still with window3.1 (Sorry guy, can't keep up with the price depreciation of PC). I'll going to upgrade to window95. I'll buy into it. Window98 is another story, though. By that time, most new computer can upgrade to 98 without hardware upgrade.
Best regards, John. |