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

To: t2 who wrote (41332)	4/5/2000 9:41:00 PM
From: puborectalis	Respond to of 74651

CBS News Reporter Barry Bagnato reports Congress is getting into the act: Senate Commerce Committee Chairman John McCain plans hearings to assess the potential damage to Microsoft.

To: t2 who wrote (41332)	4/5/2000 9:55:00 PM
From: Marvin Mansky	Read Replies (1) \| Respond to of 74651

I have a large position in SUNW and ORCL, however, did once have a large position in MSFT over 4 years ago when I got into SUNW. I missed the huge run up in MSFT over those years, however, I was able to build up quite a large number of shares in SUNW which split three times. I respect your opinion that MSFT will bounce up from here, but I ask, what is the basis of your opinion? How do you figure the bounce will occur in light of a litany of bad news from now until this thing is resolved. The market hates uncertainty. This situation breeds uncertainty since the outcome is in doubt. Gates is a good talker but he is talking nonsense if he ignores the very well thought out case which MSFT lost. So, do I feel MSFT is a buy? Not here, I feel the price will steadily drop to the high 50's unless the company cuts its losses and settles IMO.