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

To: Jim McMannis who wrote (41376)	4/6/2000 10:37:00 AM
From: PMS Witch	Read Replies (1) \| Respond to of 74651

If what you posted is true ... Remember a while ago, Microsoft sent a letter to shareholders explaining some stuff and asking for support? Imagine then, if Microsoft did the same thing again, and big shareholders such as pensions and mutual funds passed this letter on to their holders as an explanation why their investment has underperformed recently. Two results: They get to blame 'Government' (DOJ) for their poor results; and the 'little guy', gets to see how his decision(s) on election day empty his wallet. Cheers, PW.

To: Jim McMannis who wrote (41376)	4/6/2000 11:46:00 AM
From: Srexley	Read Replies (1) \| Respond to of 74651

<6. People don't appreciate their retirement money being wiped out by the current Washington crowd.> Lot's of people on this thread throwing phrases like this around loosely. What exactly is your definition of "wiped out"? The stock is 27% off it's yearly high, so the MOST anyone has lost is 27% IF they bought all of their stock on the day of the high, and MSFT was the only stock they held. This also would indicate that they started their retirement accounts relatively recently, and still have a year or two to recover. What phrase will you use if there is real trouble? Also, anyone can get out now if they want and cap their losses at 27% (in the unlikely scenario that they meet the above criteria).