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


To: tbigb who wrote (54568)12/20/2000 2:56:57 AM
From: Dave  Read Replies (2) | Respond to of 74651
 
Hey don't pick on the johnd-bot MSFT-bull text generator algorithm.

If not for the johnd-bot, we MSFT bears would have to be our own straight men. Well, not really--there are some other MSFT bulls on the thread, but they're not nearly as efficient as the johnd-bot.

Seriously, flawed as I think johnd's judgment is about MSFT's future prospects, at least he's always polite. I've never seen him insult anybody, even when they jump on him mercilessly. I think he's just trying desperately to tout MSFT so that he can SELL. He's a bear at heart who's stuck with a pile of underwater shares.

Dave



To: tbigb who wrote (54568)12/20/2000 11:33:52 AM
From: johnd  Read Replies (3) | Respond to of 74651
 
Investors who bought MSFT in 1989 (slight earnings warning then) bought it at 1.75 or so, or during the 95-96 MSFT correction bought it at 7-8. Show me which fundamentals of MSFT have decreased during the last year? Revenues, earnings, book value, cash, deferred revenue, pick anything you want, fundamentals are solidly up. Still stock has steadily fallen from 120 to 43 in one year - reasons are fear of IT spending freeze and the US consumer chill, may be the DOJ case, and the short term issue of slower growth. Market has its way of mood swings. One year from now, the mood can be exactly the opposite, just the way the PE came from 83 to 25 it can go back up to 83 in a year as well.

After all, technology is still the #1 thing that will drive US economy.