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

To: taxman who wrote (42145)	4/14/2000 10:25:00 PM
From: werefrog	Read Replies (1) \| Respond to of 74651

"how do you see monday shaping up?" The consensus I'm getting from the traders I'm in contact with is the bottom is in with the market improving next week on earnings from some key companies, MSFT included. This would be confirmed by a selloff at monday open, then a little rally. Of course, no one really knows for certain, but these big caps SUNW, CSCO, even MSFT are looking like very good position plays. It is too late to be selling them, so holding or buying would be the play. JH

To: taxman who wrote (42145)	4/15/2000 12:51:00 PM
From: PMS Witch	Respond to of 74651

Black Monday ... We've already had Black Monday. It was in 1987. Those who sold, finished the year poorer than those who held. The worst market decline, 1929, well before my time, saw prices deteriorate 85% by 1933. At the bottom, some shares were selling below the cash levels in the company's treasury. Interest rates approached zero. I've survived the pot-holes of 87, 90, and 94. I don't see 2000 proving fatal. Cheers, PW.

To: taxman who wrote (42145)	4/15/2000 4:06:00 PM
From: Position Stragtegist	Respond to of 74651

If a Black Monday occurs, then judge Jackson should be impeached for inciting a riot in the economy, through his willful negligence, and disrespect for the due process of law. First, the trial with 19 states participating is a circus, if not a total farce. There was no chance for any reasonable settlement process to be carried out with 20 parties. If all parties in this group of twenty had a 90 percent (which is high for some) individual willingness to settle, then the probability for all 20 parties to settle is 0.9 raised to the 20th power, which is almost zero. Secondly, it was quite stupid of them to announce a collapse of the negotiations just before the tax return due date of April 17 when there is selling pressure to paid taxes. To incite further panic, he proposed to bypass middle level courts of appeal, when there is no rational other his selfish reason to do so. Browsers are still free to be download by the users. Stock prices of competitors are still near all time highs, other than AOL/NSCP which over paid for TWX. There are absolutely no rational reasons to bypass the due processes of law, and railroad a defendant when there are no emergencies like gasoline shortages and the like. These court tactics, and bobo's are madness, and the market is saying just that.