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


To: johnd who wrote (54744)12/26/2000 9:28:53 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
The Times reported that Bush's most specific comments on the case came at a news
conference in Washington state last spring. "I stand on the side of innovation, not
litigation," Bush said. "What I am worried about is if this company were to be broken up,
this engine of change and this engine of growth."

At a hearing in 1998, Ashcroft expressed serious reservations about any government
role in technology policy. "Frankly, the best thing that the politicians in Congress could
do for the nation and this vital industry is to keep their hands off a part of the economy
they do not understand," he said.

====
See Phillip Morris is at 44.5 more than doubled from the 20 level it was at a few months ago. MSFT is considered a bigger BUSH stock than MO.



To: johnd who wrote (54744)12/27/2000 8:13:16 AM
From: werefrog  Read Replies (2) | Respond to of 74651
 
re"buy in October for 20 -25 points"

That play worked. MSFT went from 48.4375 Oct 18th to 72.375 Nov 8th. As for holding until mid Jan, that is entirely up to the investor. Any seasonal play should have market conditions factored in. I also called MSFT to $38, well it made it to $40 a few days ago. Close enough. If there is a recession it will go much lower than $38.
The plain truth is you have dollar cost averaged all the way down, I found many buys you posted from Jan 2000 and at this time you are severely "STUCK" in MSFT. You might get even someday, and you might not. People who listened to your pumping of MSFT the last 2 years have lost money.