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

To: Jon Stept who wrote (30061)	9/24/1999 3:13:00 PM
From: XiaoYao	Read Replies (3) \| Respond to of 74651

Ballmer broke the bond of trust between shareholder and corporation You only speak for yourself not all shareholders. I still trust Ballmer not because what he said about current stock price but his past performance as an executive of Microsoft to bring where Microsoft is now. He didn't actively destroys shareholder value, it may destroy some traders value, then who cares. $5 dollars drop in a 5 to 10 years period is nothing, absolutely nothing.

To: Jon Stept who wrote (30061)	9/24/1999 3:30:00 PM
From: Charles Tutt	Respond to of 74651

This dog stock was higher in mid-July than it is today. So much for shareholder value. JMHO.

To: Jon Stept who wrote (30061)	9/24/1999 3:34:00 PM
From: RTev	Respond to of 74651

Ballmer broke the bond of trust between shareholder and corporation What he broke was an illusion that the recent year-to-year line in the charts can continue indefinately. As to the "bond", it exists only if you don't pay much attention to what Microsoft officials often say. I posted two articles that mention that warnings from Redmond about over-valuation are a common theme. The first time I heard it was in '96 in a speech by COO Bob Herbold. At the time MSFT's price had hit a plateau for a few months. Its PE was somewhere around 55 or 58. In his usual boring way, Herbold told the crowd of stockholders that the a "healthy" PE for the company would be closer to 50. He said those interested in the long-term prospects for the company should welcome the brief slowdown in the stock. Ballmer is by nature both more bombastic and simply louder than anyone else in a Microsoft executive office. He has a way of saying things that cuts through the clutter. Maffai and Herbold would be more circumspect, but not closer to the truth.