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


To: Insitu who wrote (46648)6/14/2000 1:56:00 PM
From: mozek  Respond to of 74651
 
Maybe your assumption that it will drift is erroneous. I'm not worried about a pop here or there. The fundamental change of bringing objectivity into the legal process is much better news for me than how the chart looks today. Microsoft has a lot of product and service oriented news to make in the near future, and I doubt that we'll drift much lower before this becomes a must-have stock again. (usual disclaimer against taking this as investment advice, etc.)

On a personal note, if I'm lucky, the stock will stay depressed long enough (July 1) to allow my ESPP stock purchase to get in at somewhere near today's prices.

Thanks,
Mike



To: Insitu who wrote (46648)6/14/2000 1:58:00 PM
From: sandeep  Read Replies (1) | Respond to of 74651
 
The charts will become positive on Microsoft if it can close above 70 today (maybe even lower). A double close above this level should lead to a test of 74. If that is cleared for 2 days in a row on closing basis, 85 here we come.



To: Insitu who wrote (46648)6/14/2000 3:05:00 PM
From: Andy Thomas  Respond to of 74651
 
One thing which has been fortuitous for MSFT shareholders has been the timing of the last drop (~100-65). The particular timing of that coincided with the DOJ action which made it look like old judge jackson was responsible for the decline.

In truth, the problems with MSFT stock are systemic and have almost nothing to do with the DOJ case. The MSFT shares might have a temporary respite for the time being but ultimately MSFT is just 'the best of a bad bunch.'

They're all destined to crash when their crappy fundamentals become common knowledge. I don't know if it will take a year or 10 years but the facade will be torn off.

Read the Clowns thread to get an idea of the kinds of garbage the central bank and other manipulators use to keep this market propped up. That's why I'm thinking the GWB social security plan might just be the next logical step in the 'royal scam.' The goal is to turn the U.S. into a 3rd world nation. The other nations can't necessarily have their standards of living raised, but we can sure have ours lowered.

This DOJ suit against MSFT - as much as i personally have hated msft in the past and to some extent still do to this day - is just a symptom of what has in the past been referred to as 'the red fog over america.'

Welcome to the corporate mommy state.

"The government which allows no one to fail also allows no one to succeed."

Andy