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


To: Frank Ellis Morris who wrote (41898)4/12/2000 5:29:00 PM
From: lawdog  Respond to of 74651
 
Havings lost much of my life's savings recently

Frank, it can't be that bad.



To: Frank Ellis Morris who wrote (41898)4/12/2000 5:37:00 PM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"Havings lost much of my life's savings recently"

Frank: That is the reason one must sell to cut losses. Did I ever tell you the story of a stock I bot for $1 years ago, it went to $31, I refused to sell, it went to $20, I certainly was'nt going to sell since I had the opportunity to get out at $31. Did you know that dog went down to zero, bankrupt and instead of makin $31,000, I lost $1000. I saw IBM drop from 175 to 40 a few years back.
I changed my money management, if a stock goes down even a fraction and I own it, it is very close to getting sold. JH



To: Frank Ellis Morris who wrote (41898)4/12/2000 5:47:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 74651
 
They took great pride in using their limitless resources of our tax dollars to destroy Microsoft but did they stop to think what the fall out would be to the US Economy?

What matters most is that Microsoft-bashing is politically popular, especially in California.

Unless the bottom falls out of the market and takes Algore's poll numbers down with it, I expect the Justice Dept. to maintain its hardline position in the settlement talks with Microsoft through the November elections.



To: Frank Ellis Morris who wrote (41898)4/12/2000 6:19:00 PM
From: BillHoo  Respond to of 74651
 
<<They took great pride in using their limitless resources of our tax dollars to destroy Microsoft but did they stop to think what the fall out would be to the US Economy? >>

I see no destruction to the economy here. In fact, this is an example of how vigorous the economy is.

All these dollars tied up in MSFT are now released to finance new innovations, new corporations, build hospitals and schools, etc.

Money does not just vaporize. It either ends up in Bill Gate's pocket when he does his annual selloff of shares (isn't that coming up in the next few weeks?) or other investors who take profits and leave.

If you are worried. Sell now and take your profit. Otherwise stay long on MSFT!

-Bill_H



To: Frank Ellis Morris who wrote (41898)4/12/2000 6:30:00 PM
From: BillHoo  Respond to of 74651
 
<<Havings lost much of my life's savings recently I would say that I am a little upset.>>

You sound like some poor soul new to the bright lights and big city of Las Vegas who bet all his money on a hand of blackjack.

Now you wish the casino had policies in place for you to get your money back for your bad hand.

Kenny Rogers (love that chicken!) once said, "You gotta know when to hold 'em, know when to fold 'em, know when to walk away, know when to run!"

The above holds true for the shareholders of any stock.

When your foolish enough to gamble your life savings on one stock, you have to expect a loss.

There's no such thing as a sure thing kiddo.

If you really like the stock, your best bet is to average down. Sell some and buy some back when it dips lower.

You will get nowhere by pushing your shopping cart down the street, ranting to the pigeons and shaking your fist to the sky.

-Bill_H



To: Frank Ellis Morris who wrote (41898)4/12/2000 6:57:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 74651
 
LOL! Just saw Gates on TV and heard "the best is yet to come"... I no longer believe that will happen in a decent time frame for shareholders... Jackson is a large part of msfts problem and Yes the mkts suck but the DoJ and msft share in a part of the msft debacle,,, EQUALLY..



To: Frank Ellis Morris who wrote (41898)4/12/2000 7:33:00 PM
From: jan rea  Respond to of 74651
 
Sounds to me like you need to take a more conservative and long term approach to investing! Fortunes are rarely built or lost in a day.

I have followed some of your posts for a number of months now and I dare to suggest that you need to own your investing results. Blaming the government for your losses is pretty lame. We have been enjoying one of the greatest economic expansions ever.

I wish you well in turning your fortunes around! Jan



To: Frank Ellis Morris who wrote (41898)4/12/2000 10:32:00 PM
From: bumn4qrtrs  Respond to of 74651
 
yes frank, a government that is for the people is anything but that...inefficent bunch of blowhards back in dc right now..the liberal democrates love to give away the hard working american citizens dollar..well , alan greenspan certainly doesnt have to worry about the wealth effect now...a few more interest rate hikes, jacksons criminal actions in a few weeks and investors will be a deer in the headlights if they arent already...i think microsoft should seriously consider relocating headquarters out of the u.s.a...maybe to china...they happen to be good friends with the current administration.....nov,2000..the extinction of the most corrupt administration ever...