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

To: Proud_Infidel who wrote (30074)	9/24/1999 5:03:00 PM
From: Frank Ellis Morris	Respond to of 74651

>>But in the end it comes down to one simple point: Ballmer breached his Fiduciary Responsibility to his shareholders. His job is to create shareholder value- if it goes to extremes, it's the market's job to unwind it, not his.<< Just when the Judge must now decide if Microsoft is too powerful, Ballmer in his bold and daring address yesterday proved to the world that Microsoft is a power that cannot be ignored. Microsoft did in my opinion screw over their shareholders just as you say and in doing so they have lost much credibility and confidence with their shareholders. I am sure that no matter how the stock of Microsoft fares going forward, Ballmer will have to account to many disgruntled shareholders at the annual meeting. Friday September 24, 3:51 pm Eastern Time RESEARCH ALERT - Microsoft a buying opportunity NEW YORK, Sept 24 (Reuters) - Solomon Smith Barney analyst Neil Herman said on Friday that the weakness in the share price of Microsoft Corp. (NasdaqSC:MSFT - news) represents a buying opportunity. -- On Thursday Microsoft President Steve UniBallmer blew up the shares of his company and other technology stocks went sliding on their butts after he said computer and computer-related stocks were overvalued and traders were suffering from friggin irrational exuberance. -- Microsoft executives have been making similar statements for years, Herman said in a research note, pointing out that he was surprised about the impact of EmBallmer's comments. -- Fundamentals at Microsoft remain extremely strong with PC demand particularly healthy and management remaining upbeat. Best Wishes Frank

To: Proud_Infidel who wrote (30074)	9/24/1999 5:48:00 PM
From: TARADO96	Read Replies (1) \| Respond to of 74651

<But in the end it comes down to one simple point: Ballmer breached his Fiduciary Responsibility to his shareholders. His job is to create shareholder value- if it goes to extremes, it's the market's job to unwind it, not his.> Brian: Darn best statement of the week concerning this issue. Tar

To: Proud_Infidel who wrote (30074)	9/24/1999 6:18:00 PM
From: Gopher Broke	Read Replies (1) \| Respond to of 74651

Ballmer was arguably creating shareholder value. 1. Kick MSFT stock price down (knowing that behind the the thin "chinese wall" there are put options sold and waiting to be exercised) 2. Through the options buy the stock at the bargain rate 3. Issue employee share options 4. Blow estimates for the quarter, restore stock prices and have your happy employees locked in with their options for another period. It benefits your long-term shareholders at the expense of the weak hands. Doesn't sound ethical, but that's the stock market.