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


To: johnd who wrote (36867)1/19/2000 4:20:00 PM
From: Doc Savage  Read Replies (1) | Respond to of 74651
 
Get ahold of your self johnd!

This drop is not uncommon, what would be uncommon is for there not to be a quick recovery soon following!

The future looks bright!



To: johnd who wrote (36867)1/19/2000 5:13:00 PM
From: Alan Buckley  Respond to of 74651
 
"Long term fine" is exactly right. For reasons I've posted earlier, I believe the company is building a more valuable business. I believe in a 2-3 year time frame this added value will be reflected in a higher MSFT. During the 2-3 years I expect the price to fluctuate up and down in response to new information and in response to the whims of "momentum" speculation. I will take pains to keep up on the new information to make sure my 2-3 year evaluation still makes sense. I will totally ignore the "momentum" speculation as expected but unpredictable and therefore irrelevant.

Yesterday after earnings you posted your buy at 113. Now, today you're saying it "likely won't stop to 90-91", yet nothing has changed. What exactly is your strategy?