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

To: XiaoYao who wrote (30070)	9/25/1999 1:32:00 AM
From: ed	Read Replies (1) \| Respond to of 74651

The point we are arguing here is "Is it rightfor the CEO of a company to talk about the valuation of his own company and his competitors".His job, as a CEO , is to manage the business, not the stock price, and which should be decided by the market. What if today the CEO of IBM said in public about IBM's stock valuation and point out that the stock price of the HI Tech is overvalued, and tomorrow , Sun Microsystems CEO talk in public the stock price of SUNW and the market in general ? If every CEO talked the stock price of his own company in public, then we will not have a healthy market at all, and the market can not function. All the investors will be held as hostages by the mouth of CEO, who knows when the CEO will either talk down / up the price of his own company and the market in general, if such trend continue and be a constant pattern, then I see the dangerous sign in the market !!!