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Strategies & Market Trends : Waiting for the big Kahuna

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To: Robert Graham who wrote (20486)6/16/1998 8:28:00 AM
From: Tom M  Read Replies (1) of 94695
 
Still no fear IMO, MSFT needs to crack ala Merced delay. '99 NT with 64bit support was the reason softie has been holding up IMO. Windows '98 will not be a big cash draw. Now the big money product (64bit NT) is a year 2000 product & the stock has hardly budged. The numbers haven't been brought down yet but they'll have to be.

Bill if you're reading, I know FA isn't the most important to you, but 16 times book & a P/E of almost 60 with new negative news about a couple upcoming quarter's earnings should be worth a drop no? What does TA say to you about MSFT? It's been sitting patiently touching the bottom of its 50day for some time now. I still won't be convinced of the bottom of a "correction" without MSFT participating.

TA ruled the spring, will FA rule the summer? Who knows!?

regards,
Tom
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