SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (26362)7/16/1999 3:09:00 PM
From: johnd  Respond to of 74651
 
With so much of positivity on large volume, shouldn't we
expect continued surge on the stock. There will be questions
on tracking stock at Monday conf. call and if MSFT confirms,
couldn't we see move ahead?



To: Jill who wrote (26362)7/16/1999 3:13:00 PM
From: Sir Francis Drake  Read Replies (3) | Respond to of 74651
 
Jill - from what I gather, the concern is that in reality MSFT will report something in the vicinity of 39 or 41 at best, while many "hopefuls" are looking for 45-50, which they figure is just utterly unrealistic. One can look at this in one of two ways: MSFT will sell off on the announcement, because that's been the trend recently, *or*, MSFT will head higher because they'll do an INTC with some optimistic stuff+tracking stock. Of course, MSFT is not in the habit of making strong forward looking statements a la INTC's latest.

Whatever, the fact that MSFT broke through the old high, is technically very good, even if there is consolidation ahead (once the old high has been broken, any consolidation is just a set-up for another strong move up).

Morgan



To: Jill who wrote (26362)7/16/1999 3:21:00 PM
From: Alan Buckley  Respond to of 74651
 
A day for cheer, patient investors. Near $100 at earnings as expected.

I *love* the $1 award in the Bristol case and applaud the MA jurors for recognizing a get-rich-quick con when they see one. If they can win Caldera as well, it will seriously dampen the "sue MSFT" mob mentality.

The internet tracking stock is a good idea. I hope they do it, and it certainly appears they will since they are re-categorizing their books. Microsoft would be able to offer one of the very few pure Internet stocks that is actually profitable. This could bring in a lot of people who refuse to invest in companies running in the red, and don't think there aren't a slew of them out there and with very deep pockets.

-----
WSJ: Microsoft Didn't Violate Antitrust Laws in Bristol Case
interactive.wsj.com

"BRIDGEPORT, Conn. -- A jury Friday found that Microsoft Corp. didn't violate antitrust laws in its dealing with a small Danbury software company.

The U.S. District Court jury did find, however, that Microsoft had committed deceptive practices in violation of the Connecticut Unfair Trade Practices Act, but awarded Bristol Technology Inc. just $1 in that claim."