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

To: Frank Ellis Morris who wrote (35459)	12/14/1999 9:36:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 74651

Frank: There is nothing to be concerned about as far as inflation is concerned as the CPI was lower than expected and the overall inflation for this year is running at an annualized 2% vs. last years 2.3%. The sky is falling fear was all built around the fact that retail sales were up. Does this surprise anyone given the state of the economy? What we see there fore is that more goods are being offered to slightly fewer dollars as prices must be falling if we are to believe the CPI numbers. Of course none of this has anything to do with MSFT. I believe that a few savvy Wall Street guys are buying up options as a means of getting back into MSFT as they feel that the risk reward calculus is way over on the side of being long at least for the balance of the month MSFT is announcing new initiatives and deals all over the place and who wants to be short MSFT in any eventuality especially with W2K looming large. Also dealers maybe buying these options to lock in positions s the expiry period draws near. Others see this huge option activity and buy the stock. But the pundits, especially the ever fallacious CNBC, attempted to divine a dramatic reason other than the ones cited above for MSFT's strength and came up with a simple MSFT/DOJ accord scenario which according to DOJ is not true. In the final analysis, it really doesn't matter what the reasons postulated are, there is just too much pressure building up under the fundamentals of MSFT to hold it down any longer. JFD

To: Frank Ellis Morris who wrote (35459)	12/15/1999 1:04:00 AM
From: Sonki	Respond to of 74651

Frank, IMO. mony pouring into msft is not play mony. This mony is here to stay like u said due the value play in msft. i know.. i have watch the flow and it's not coming from people like me. Finally when msft comes out w. the numbers, fundamentals will drive the stock and hopefully the mngmt will put out some excellent visons for the future... Hoping the stock will goto 117 area soon. ======================================= Good News Brings New Tech Picks (MSFT) This month's good news about inflation should restrain interest rate hikes and propel the stock market to new highs through Q1 2000, according to Frank Curzio. Though his goal is capital preservation, Curzio is so bullish on the market's direction that he just issued buy recommendations for four well-known high tech leaders. Curzio is famous for correctly predicting market events and direction, most notably his dead-on call of the 1987 Black Monday crash. One of Curzio's selections is Microsoft (MSFT). He is bullish about the software gorilla's prospects as its MSN portal and investments in more than 200 other firms will guarantee Microsoft a seat at the high-tech table for the next decade. In particular, Curzio cites recent Microsoft investments of $5 billion in AT&T, $600 million in Nextel and $400 million in Rogers Communications. "The anti-trust suit will effectively let this gorilla out of its cage," Curzio says. A second Curzio tech pick is Charter Communications (CHRT), the number four cable TV operator in the US. Chairman Paul Allen is a cofounder of Microsoft. Allen's group is aggressively acquiring small regional cable companies with the goal of making Charter a premium cable TV provider. "With Paul Allen's leadership, Charter is well positioned to bring you advanced digital technology for the home and office," Curzio says, noting that the firm now serves roughly 6.2 million customers.