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To: Tim O. who wrote (6787)	4/21/2000 10:25:00 AM
From: Jill	Respond to of 8096

The MSFT thread is pretty despondent. I'm glad I got out of MSFT a while back (except for my 5 OTM calls bought when I thought they might settle--LOL--they cost about 5/8 and closed at about 1/zillionth I'm sure--). But this certainly seems like a major signal kind of like the moment when DELL only met instead of beating estimates. The death knell of a certain kind of growth. Probably will affect the market--wouldn't be so bad to retest lows and bounce again--what some call a sideways market but there's $ to made in that (I know a few people who made a lot of $ on QCOM when it was range trading btw 125-145.) But it will probably obscure another week of great earnings--I am happy to have sold half my QCOM for cash, and I do agree with RocketMan that pretty soon CNBC will start the FUD on Greenie and May 16, and there will be an earnings vacuum too so... It's a bummer--but--the economy's sound, and there's still tons of growth in good companies in tech, so we have to remember that.