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


To: t2 who wrote (40288)4/1/2000 11:01:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 74651
 
Well, I would not mind you being right.

I based my numbers on what happened when the case was first made against MSFT. MSFT took a 20% haircut over a week or two then it started reversing and even went on to split later before arriving at this point.

While I agree with Gates not giving in to Medusa, I realize many investors are skittish and have no stomach for a protracted court case, to much uncertainty they will bolt.

People should simply be mentally prepared for the worse, short term with respect to MSFT price action. Ultimately, MSFT will prevail at the Supreme Court should it go that far.

Regards,



To: t2 who wrote (40288)4/2/2000 12:54:00 PM
From: Valley Girl  Read Replies (2) | Respond to of 74651
 
...mostly longer-term investors...

That's what you had when the stock was in the low 90s. But who was it that drove the price up to 114? That's right, the quick-buck crowd playing the stock for a 20-point pop on a settlement. They will certainly bail out and send the stock down to the low 90s again (it may not happen until the actual ruling comes out, though - hope springs eternal). To Brian's low-70s prediction, IMO it won't fall much below the support at 89 unless there is an actual break-up, which won't even be announced for months.