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Technology Stocks : Microsoft Corp. - Moderated (MSFT)
MSFT 472.94-2.2%3:59 PM EST

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To: Lizzie Tudor who wrote (11788)4/5/2006 9:07:27 AM
From: John F. Dowd  Read Replies (1) of 19790
 
Well I bought some thereand I have bought higher so I'm in for the duration. I didn't buy much but enough that I watch it on a daily basis. My present big bet is RMBS. Next to MSFT it is my largest position and I hope in the next few weeks/months that it becomes by far my biggest position. As a matter of fact it looks very cheap here when I consider where it was 2 years ago after the FTC Admin. Law Judge handed down his very pro-RMBS decision regarding the RMBS anti-trust charge brought against RMBS by the Dramurai through the auspices of Butch Otter of Idaho. Son-in-law of Simplot (MU) who sat on the Congressional oversight committee over the FTC.Since then a lot of very bad stuff has been revealed by the DOJ and other venues concerning how RMBS was raped. In short it is a good moment for a late comer to get on the bus.
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