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


To: Jacob Snyder who wrote (44869)5/16/2000 8:19:00 PM
From: Sam2482  Respond to of 74651
 
I read somewhere that MSFT is locked out of buying its own stock until after June 8th. It would seem logical to me that MSFT will be buying up allot of its own stock after that.....it has a ton of cash and stock options. I think MSFT will be a big supporter of its own stock very soon. I also heard they sell puts......I'm sure they don't want stuck.



To: Jacob Snyder who wrote (44869)5/16/2000 9:09:00 PM
From: Wildstar  Read Replies (1) | Respond to of 74651
 
Jacob,

>>For the market to rally,
in the face of the 6th Fed hike,
when the Fed has said they aren't done,
is irrational.<<

But the market isn't rational, and has not been anything resembling "rational" for the past 2-3 years. Instead, we have shifts between relative levels of rationality, going from mildly irrational to highly irrational to exuberantly irrational. The current state of the market's attitude toward MSFT could be described as only "mildly irrational," with the future holding promises of astounding irrationality.

I think you had a great gameplan with your 2002 leaps.