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


To: Harvey Allen who wrote (41425)4/6/2000 3:54:00 PM
From: Harvey Allen  Read Replies (1) | Respond to of 74651
 
PS Re: IBM. I almost forgot, Gerstner's predecessors were in the midst of a massive plant expansion for business that never materialized. That didn't help either.

Harvey



To: Harvey Allen who wrote (41425)4/6/2000 4:42:00 PM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"IBM dropped to 45"

Harvey, that's a good post. I'm going to file it and if any company i'm in has those kinds of problems, I'll sell it immediately.
It was amazing to see a blue chip like that drop so low.
MSFT has a chance of doing the same thing and if it does whoever is holding it will have to hold for years for it to come back.
JH



To: Harvey Allen who wrote (41425)4/6/2000 6:14:00 PM
From: Gottfried  Read Replies (1) | Respond to of 74651
 
Harvey, re >IBM dropped to 45 (11.25 adjusting for splits) in 1992 shortly after Lou Gerstner came in<

I dimly remember losses were around 7-8 billion that year.
This chart with rolling EPS gives an indication of this...

chart.bigcharts.com

Gottfried