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

To: John F. Dowd who wrote (34235)	11/18/1999 5:21:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 74651

During the meeting today, Jackson, Microsoft and government lawyers will hammer out the logistics for the next stage of the trial, called the conclusions of law. The government is scheduled to deliver its conclusions of law to the judge on Dec. 6, and Microsoft will hand over its conclusion on Jan. 17. Jackson could also receive motions for reconsideration, should either side wish to contest any portion of his findings of fact, no matter how small. The judge, who has advocated settlement, is also expected to assess where the parties stand on this matter. I will be surprised if MSFT doesn't present motions for reconsideration in refuting in great detail the judge's findings of fact. I can't imagine that MSFT will pass up this opportunity to educate the judge by detailing the technological landscape and how out of touch his findings of fact are. Of course Jackson will probably reject such motions out of hand in his patented arbitrary fashion. JFD

To: John F. Dowd who wrote (34235)	11/19/1999 11:45:00 AM
From: Valley Girl	Read Replies (1) \| Respond to of 74651

JDF, PMSW: Thanks for the kind words. I, too, have been through some rough times with the stock, but they were all related to general market conditions or the business, and hence easy to laugh off. As you've pointed out, this is a singular external event whose effects are extremely difficult to handicap. Still hanging in there, but may raise some more cash (not necessarily by selling MSFT) going into Jan. because the valuations in the other big cap techs are truly scaring me. For what it's worth (usually not much) my chartist friends tell me 85 is a support level, then 82, and then 76.