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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Dominick who wrote (4403)	9/24/1999 8:37:00 AM
From: TraderAlan	Read Replies (1) \| Respond to of 18137

Domineck, I thought it was pretty lame (I have MSFT in my self-directed 401) but they have a history of badmouthing their own stock and calling it overvalued. I suspect Ballmer will have to answer to some angry shareholders. The market decline had little to do with him on a technical or even fundi basis. The market is being driven off dollar-yen fear. Alan

To: Dominick who wrote (4403)	9/24/1999 9:14:00 AM
From: Ken Adams	Read Replies (2) \| Respond to of 18137

Ballmer has unwittingly created a buying opportunity. Which will drive price up. He needs to practice a zipped lip. Ken

To: Dominick who wrote (4403)	9/25/1999 3:49:00 AM
From: Tai Jin	Read Replies (1) \| Respond to of 18137

I think it is very telling about current market conditions that someone like Ballmer can cause stocks to crumble. What he said is very true which is why the market reacted the way it did. If the stocks were not overvalued then the market would've ignored his comment. Obviously, his comment wasn't the only reason the market sold off. People are nervous as they should be at a market top and will use any excuse to sell. This is not the sign of a strong market, and indeed the deteriorating technicals bear this out. Anyone who believes that stock price growth can continue to outpace earnings growth by a wide margin is living in a fantasy world. ...tai