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To: The Phoenix who wrote (88779)9/23/1999 10:33:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 186894
 
"Don't worry. The effect of Ballmers idiotic comment will be washed away in short order."
-
Gary, how can you be so sure? interest rate hikes and sky high PEs.

jim



To: The Phoenix who wrote (88779)9/24/1999 5:27:00 AM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 186894
 
>>

Frank,

FOr what it's worth I agree with you. I feel we have a right to be incensed with
Ballmers boneheaded comments. Someone here pointed out that this was a
caluculated move...which could be the fact. Microsoft is very shrewd. However, that
being said, this type of activity seems to be actionable. Someone with that kind of
power and stature should not be able to make off-handed comments like this that set
the financial system on edge. At the same time, where do you draw the line. We have
this little nagging first amendment problem.

All in all, a little sell-off isn't a bad thing. It's a great buying opportunity..one we all
should have been expecting would come. Don't worry. The effect of Ballmers idiotic
comment will be washed away in short order.

OG<<

I think we are getting too many buying opportunities and not making any money when we buy into the bargains because the market seems to get one surprise after another these days. You never know at what time of the day or what moment somebody is going to say something that will spook the trading.

Frank