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Technology Stocks : How high will Microsoft fly?
MSFT 492.71-2.9%1:05 PM EST

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To: DavidD who wrote (12634)11/27/1998 5:31:00 AM
From: Reginald Middleton  Read Replies (1) of 74651
 
< I have not had a chance to look at your correlation study or your EBIT adjustment but I will. (Of course I am skeptical, because what you are basically saying is Peter Lynch was lucky. I can't tell you how many academics have tried to sell their own study of the same issues.)>

How do you know what I am trying to say if you haven't read the piece yet? Your assumption about it is incorrect, it has nothing to do with random walk (it is actually the opposite), and I am not an academic.

<With regards to the accounting if MSFT warrants are exercised, perhaps you should call the NY Times and suggest a correction. (My accounting is a little rusty, but then again, I was trained for qualitative thinking.)>

It is not accounting, it is simple addition and subtraction. As for the Times, most papers and magazines publish inaccurate info due to the fact that they have journalists writing them in lieu of actual finance guys. They get away with it because finance guys do not read them for thier financial info and retail investors do not know any better.

I am hiring some writers/analysts to help me on my site. I have a different way of doing things, pairing good writers with analysts. We will tackle this latest MSFT valuation thing after we attack the sell side analysts, I suggest you come by an take a look.
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