SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (42697)4/20/2000 6:03:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 74651
 
Paul
<<" but that's all I can see">> In todays mkt that one he!! of a lot... add the normal "guarded going fwd" statement and the writing is on the short term wall...



To: Paul Shread who wrote (42697)4/20/2000 6:11:00 PM
From: J. P.  Read Replies (2) | Respond to of 74651
 
"Sell Off" is on a relatively few shares after hours. I expect there may be some initial selling on Monday, but the stock remains in an oversold condition.

MSFT revenues are very hefty, the growth is remarkable for a company of this size, and the profit margins remain outstanding. MSFT selloff has been vicious and probably overdone. Can't say what will happen on knee jerk reactions since there are so many people with so many agendas in the market. But I can say with reasonable conviction that any shares bought at this level will show a profit in time.



To: Paul Shread who wrote (42697)4/20/2000 6:17:00 PM
From: Hal Rubel  Respond to of 74651
 
Why Down?

Re: "Why is MSFT selling off? I think revenues might have been a little light, but that's all I can see." Paul Shread

Paul, the secular trend is toward a lower PE for Microsoft. It would have taken Absolutely Spectacular Earnings to reverse this trend. Things like bad publicity, pending litigation, legal uncertainty, loss of mystique, etc. naturally lead to a re-evaluation by institutions and the investing public.

The World Turned Upside-Down.

Hal

PS: This is not to say that one couldn't make money on Microsoft in the long run. H.