Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (31273)	4/25/2000 3:23:00 AM
From: QwikSand	Respond to of 64865

I've been thinking about it and have sort of gone wishy-washy. I wrote in a post to Alok the other day that MSFT was not a good deal long-term IMO. Now I'm not so sure. I think a lot will depend on the July earnings report. This was a weekend where multiple bad things happened to MSFT. Decline in revenue, breakup leak, insurance cross-suits, long weekend with pundits flapping their jaws a-plenty. MSFT had to plunge today. But the revenues and window-dressed earnings were the biggest part of that story IMHO. Thinking it over, I keep coming back to the fundamentals. The real question is: forgetting lawsuits and other peripheral factors, we know the fundamentals are changing, but how fast? That's the question. What if MSFT reports some kind of blockbuster quarter in July? A real one based on profit from operations? What would the stock do then, regardless of how many courts are working? And even now what if they settled? Yes, private actions would continue and start from a higher evidentiary plateau now that we have findings of law, but if a DOJ settlement were accompanied by some big earnings, how much difference would the private actions really make? Bill G. could settle those out of the change in the bottom of his desk drawer. I continue to think a settlement is very unlikely because of the egos of the people involved (on both sides), but you never know. I think the fat lady sings in July, and it's an earnings song, not a remedy song. Between now and then, some people are going to think the stock looks cheap. I don't think she has sung yet despite appearances. If July earnings continue a downward trend, then I think the story ends. BWDIK --QS