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


To: jmac who wrote (29964)9/23/1999 9:08:00 PM
From: Larry Sullivan  Read Replies (3) | Respond to of 74651
 
I am amazed. People posting like made about a pebble being dropped in the ocean. Ballmer's comments were fine and totally appropriate. Also the stock didn't tank, this is a small move and doesn't rattle me one bit. So Ballmer thinks at this moment that MSFT is over-valued. So what? Maybe it is and maybe it isn't, but Microsoft is one of the best companies I have seen at managing expectations. Also for the past month we are still up about 5 bucks so what is the problem. If this blows the froth off some tech stocks, including MSFT, then that is fine.

Larry...

P.S. If you were really long term then you would see it this way. The shares I bought for less than $5 (split adjusted) are totally fine and I still think MSFT is the best investment I have ever made!



To: jmac who wrote (29964)9/24/1999 1:03:00 AM
From: ed  Read Replies (2) | Respond to of 74651
 
Taxman,

As a insider, what is the difference if the CEO made the following statements:

1) " I expect Microsoft's stock to hit $130 by the end of this year.
2) " Microsoft's stock price is under valued at the current price "
3) " I expect Microsoft to go down to $45 by the end of the year"
4) " I think Microsoft is very ove valued at the current price "

To me, any of the above statement made by the CEO is to manipulate the stock price , and it is not right , unapporiate, and can be seen as a criminal act. He can talk anything about the business, the future look of the business to either push up / down the stock price, and which will not disturb me at all. However, if the CEO talks directly about the stock price or the valuation of the stock in public , it will make me very uncomfortable. The investors should have the right to file suit or file to the SEC for such statement in public by company's CEO . And , if a big loss occured due to such statement made by the CEO in public, the investor should bring this to the court for compensation !!!