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Technology Stocks : How high will Microsoft fly?
MSFT 492.64+1.2%12:23 PM EST

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To: Ibexx who wrote (8704)6/26/1998 8:28:00 PM
From: Gary Metzer  Read Replies (1) of 74651
 
Re: >>I think Microsoft or Bill deliberately played down the prospects of Win98 prior to shipping...so as to reduce level of expectation.

They must have known that Win98 would do well.....<<

It's called "Bill's Bluff" and he's been using it for years, especially at earnings time when "next quarter's earnings will be under pressure". Keeps the stock from being hyped but allows it to just keep moving steadily upwards.

Gary

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