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


To: PMS Witch who wrote (53816)12/5/2000 11:35:48 AM
From: johnd  Read Replies (1) | Respond to of 74651
 
Rick Sherlund last week said MSFT is on track and I expect MSFT to meet to beat. Then 2001 will be one of the best year for MSFT; driven by windows2000 upgrades, and general h/w upgrade.



To: PMS Witch who wrote (53816)12/5/2000 3:49:23 PM
From: Valley Girl  Read Replies (1) | Respond to of 74651
 
Anyone who followed my advice last year will be considerably poorer now. Those who did the opposite have prospered.

Not really. I did most of my selling at an average price in the mid-90s. I paid very steep taxes on years of cap gains for the privilege. Except for cash, my alternative investments have been a mixed bag and approximately a wash (for every big winner like SEBL there's a loser like TXN). If I bought back my position at today's price I'd be ahead a bit (on shares, not market value), plus of course the hard-to-quantify benefit of readjusting my tax basis. Overall, if MSFT can rise out of its grave and get back to, say, the mid-70s, it'll be a break-even. Above that point and I expect the patient long-term holders are ahead. The main benefit was/is psychological: the stomach-turning drop below 50 was a lot easier to take with a small position than a large one.

Cheers!



To: PMS Witch who wrote (53816)12/7/2000 9:57:55 AM
From: ToySoldier  Read Replies (6) | Respond to of 74651
 
Sure, the traditional, perpetually optimistic, rose-glassed shareholders see light at the end of the tunnel, but many aren't sure if it's end-of-tunnel light they're seeing or a freight train coming their way.

PMS, long time no speak. Your statement above is SOOO ironic because a couple years ago when I was telling YOU and all the rest of the rose-glasses shareholders that MSFT's stock would see some dark days, you were one of the those that spoke out loudest on how wrong I was about MSFT's dark future.

HHHHmmmmm - how one'e opinions change. Your predictions sound soo much like a most "Eye Witness" weatherpersons - you can only predict what you witness. Its soo easy to see MSFT's problems and stock sinkhole now that we are in it.

Where were you predicting MSFT's woes 2 years ago when I told you it was gonna happen?

Just an I TOLD YOU SO :))

Cheers!

Toy