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


To: taxman who wrote (31448)10/30/1999 10:26:00 PM
From: ed  Read Replies (2) | Respond to of 74651
 
I first feel interesting why the Judge announced the FOF date to be some Friday , instead of a fixed date . Just like a company will never announce its earning on some unknown Friday, but a fixed date.
The judge himself should know the exact date when he can have his FOF ready, then why he played the puzzle game by announcing an unknown Friday ? Well, there must be something he is waiting for so that he can write up his FOF . So, what is the judge waiting for ? At this point , whether there will be a settlement or not is everyone's guess, so is the FOF , positive or negative to Microsoft. The good thing is everyone is assuming the Judge will rule against Microsoft , so everyone is preparing for the worst case, including the stock, so most likely the stock price had already factored in the worst assumption, otherwise , Microsoft should fly , like SUNW. Once the uncertainity is eliminated, business as usual, the appeal will start right away, and Microsoft will continue its growth in revenue, earning, and as a result , the stock price. We all know the uncertainity started on May of 1998 when the trial first started. And guess what, the stock almost doubled since then . So, the trial is of no event , and it will be even a very very small event two years down the road if there is an appeal !!! Business as usual !!!



To: taxman who wrote (31448)10/31/1999 9:53:00 AM
From: John F. Dowd  Respond to of 74651
 
Taxman: Great post! The guy speaks clearly and the part about Germany growing faster than US and Japan is great news as they have been somewhat moribund up until now. I guess the spokesman has great confidence in his position as a result of Germany's growth and this is further indicated by his openness and candor. JFD