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

To: Thunder who wrote (51241)	10/16/2000 12:50:51 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 74651

Traditionally, Sun announces their earnings the third Thursday of the month, a day later than Microsoft. This quarter Sun seems to have moved its announcement up a day so that both will be on Wednesday. Although I don't know why, I suspect it's so they don't get caught in Microsoft's wake for even a day. The contrast between the two, announced almost simultaneously, could be dramatic. JMHO, of course. Charles Tutt (TM)

To: Thunder who wrote (51241)	10/16/2000 12:55:06 PM
From: sandeep	Respond to of 74651

Thunder, I don't think at this point the antitrust case has anything to do with this fall. For all practical purposes, the case is over. The punishment is irrelevant if the stock continues to go down this way. Since the management didn't say anything about whether they were comfortable with earnings/revenues, people are reading all sorts of bad things into it. Can't blame them. Who wants to see 38/43 on this stock ? There is no support till then for it.

To: Thunder who wrote (51241)	10/16/2000 1:10:10 PM
From: Dan Spillane	Read Replies (2) \| Respond to of 74651

Ugly. You have a major tech company trading at below the S&P multiple. You have many thousands of Microsoft employees thinking about how all their options are under water. One wonders if there will be claims of "damages" from the DOJ suit, should it prove unjustified. What was that about Sun funding the original investigations?

To: Thunder who wrote (51241)	10/16/2000 1:26:49 PM
From: Bill Fischofer	Read Replies (1) \| Respond to of 74651

It's pretty clear that some major holders have been trying to exit their MSFT positions of late. Whether that action will prove prescient or foolhardy remains to be seen, but I agree this is all about perceptions and has very little to do with fundamentals at this point. Ironically, the weaker MSFT looks the more plainly irrelevant the antitrust case becomes. It's hard to imagine either a Bush or a Gore administration making its continuance a major priority.