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


To: rudedog who wrote (46212)6/8/2000 9:25:00 AM
From: Harvey Allen  Read Replies (1) | Respond to of 74651
 
Rudedog- Re: Your Money. Today your money is part of a $371 billion market cap (down from $640) company whose management is intent on trashing it further to escape the consequences of their actions.

In order for the company to prevail it will be necessary for the courts to repeal the anti-trust laws. All of Microsoft's new revenue streams require this to happen. I don't think it will. You may get a little bounce now and more from time to time as the Appeals go forward but with its "all or nothing" strategy Microsoft's business cannot grow enough to justify it's current multiple.

Investor's have bailed. Next you'll be seeing Customers bailing too. Not the couples pushing baby carriages but the big IT departments that Microsoft needs to grow.

Harvey