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


To: werefrog who wrote (37015)1/23/2000 11:02:00 PM
From: Tony Viola  Read Replies (2) | Respond to of 74651
 
"That IBM thing is on my mind every time I enter a long term trade since I felt the pain of a friend who suffered and finally
sold when he tired of watching it go down carrying his money with it. I learned from that and if my stock is going down,
instead of up, I sell it, after all one can always re enter when it crosses that sell point on the way up. MSFT is entering it's
middle age period & it looks like they will need to make adjustments."


Maybe your last sentence is very true. However, IBM in the 80s was coming off several decades of overwhelming dominance, and they really took their eye off the ball. I don't see anything close in Microsoft yet. Gates would not let it happen. Andy Grove is not the only paranoid chairman around.

Tony