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

To: Uncle Frank who wrote (29911)	9/23/1999 5:14:00 PM
From: Minbari	Read Replies (1) \| Respond to of 74651

Surprise? I'll bet that turkey Steve is SHORTING THE STOCK. And if I was Bill Gates, I'd go stomp into his office and tell him off, have him hold a conference and apologize to the stockholders (us) and the market in general. Oh my Irish blood is hot......

To: Uncle Frank who wrote (29911)	9/23/1999 5:26:00 PM
From: Larry Sullivan	Read Replies (1) \| Respond to of 74651

This whole Ballmer flap really amuses me. I took a big hit today but I am not angry at Ballmer for stating the facts. Microsoft has repeatedly stated that it thought that its stock and the industry as a whole were overvalued. A 68 PE historically can be viewed as very large. Ballmer's responsibility to Microsoft shareholders is maintained by his statements, in that Microsoft wants its stock to grow steadily and not get overheated an run up a ton and then sag back a ton. A small hit today is right to maintain long term growth. Daytraders don't count, not even one little bit! Larry...