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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (27384)	7/27/1999 9:39:00 AM
From: PMS Witch	Read Replies (1) \| Respond to of 74651

PC is dead stuff ... Funny, we all know the PC is dead. No future. I'm moving the end of August and have been cleaning out the 'archives' this last week. Came across Business Week, News Week, Economist, and various PC related magazines and a ton of clippings accumulated over the years. In July 1999, this stuff makes some fascinating reading. I don't know why any sane person would have not ran out and sold Microsoft and any other technology stock years ago, given the tone of these 'expert' opinions. The demise of the PC was the topic of discussion among the 'learned' for many years. I don't have the time, but if I did, I'd clip the articles and put a post-it-note on them with the stock price (adjusted for splits) on the day the article was published. I'd frame the most blatent examples of bovine by-product and hang them on my office wall as a reminder to keep both ears open to these people so their opinions can go in one and out the other! I find it unthinkable to contemplate the opportunity I would have missed if I hadn't ignored the experts and continued acting on my belief that the PC would change how we do things in fundamental ways and eventually become indispensable to modern business and society. I believe we're seeing the beginning of the 'next big thing' and not the end. Current turmoil in the PC and related industry is due more to growing pains than atrophy or death. Stay invested and prosper with the most dynamic industry the world has ever experienced. Sell, and spend the rest of your life trying to reduce your regret by posting doom and gloom predictions on discussion groups. Some choice! Cheers, PW.