Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: djia101362 who wrote (26881)	7/20/1999 8:56:00 PM
From: JP Sullivan	Read Replies (1) \| Respond to of 74651

This isn't the first time MSFT has "plunged" on earnings. I remember a sometime ago (1997, I think) Softee fell a whopping $7 the day after earnings. Someone please call up a chart and confirm this (probably appears as a blip after the stock splits). I expect the bloodletting to continue for a few more days and probably ease off by Friday. As I implied in an earlier post, there's no solid reason for MSFT to have made that big leap last week. The company's earnings were already factored into the stock price a couple of weeks before the tracking stock story showed up to distort things. My immediate concern is with the SEC investigation and what it might do to public (aka investor) perception. Conservative or not, MSFT's cookie jar policy doesn't sit well with the SEC. I'm just hoping this thing doesn't get blown out of proportion. The question that is starting to appear is that if MSFT is going to have to serve up most or all of it's cookies in the period their baked, what's going to be left in the jar on those days when the oven's on the blink? Of course this issue doesn't really affect MSFT's strength as a competitor or its business. More important it isn't going to matter one bit to MSFT's money making machine. But it may rock the stock price in the short term. Anyone else has more info on the investigation or thinks this is a non-issue? Winston