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Strategies & Market Trends : Value Investing
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To: moat who wrote (4218)6/2/1998 7:03:00 PM
From: James Clarke  Read Replies (1) of 78530
 
I understand Microsoft. And thats as far as I want to go because I believe it is WAY overvalued. Maybe in a couple months, all the guys who understand tobacco will understand Microsoft. A money machine under the thumb of the Feds.

In all seriousness, I almost shorted Microsoft when the Feds started on them and the stock held for a while. It amazes me that it has only adjusted this far. And, yes, I understand they have a monopoly which is based on industry structure. So did AT&T.

Jim
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