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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (38920)	7/13/2001 9:26:17 AM
From: Jim Willie CB	Read Replies (4) \| Respond to of 65232

so the economy deteriorates further, evidence jobless claims up 40k when a decrease was expected last month we heard "worst has been seen" and it got worser ok, so Microsoft obeyed the Govt orders and that is great news nice to see the Evil Empire of Shoddy Software toe the line the economy needs them to be a solid citizen for once nothing has changed in my view layoffs are still increasing world economies are still sliding backwards consumer confidence is still low corporate investments are still way down no evidence of economic recovery more evidence of risk, external to the USA the Fed is still in a slight tightening mode (30-35 bpt above 3mo TBill) tax cuts are set up to be rather puny I still expect shockwaves to hit this summer among stocks seeing relief rallies like yday ensures more shocks the REALITY is not a story of recovery the HOPE is recovery, and I hope it does also yday news headlines are clear "MSFT ignites hope" we have very little reality, and much hope we are a hopeful society look for a recovery to begin around Christmas probably a false start then, followed by recovery next spring with the near end of rate cuts, and no more MSFT big news, what is there to prop up stocks ??? the next MSFT news will be damage liability and TREBLE DAMAGES our forefathers set up laws to triple the demonstrated losses when handing out damage claims from antitrust violations these are the most serious violations in our business world they are tantamount to "corporate murder", and treated harshly how will MSFT and other techs react to something like "Netscape agrees to a $300M settlement with Microsoft" if not Netscape, then any other from a list of 30 companies the Appellate Court did not change ANY findings of antitrust violations so next up will be settled remedies or more court challenges to demonstrate damage numbers I believe the list of damaged companies is 30 long good news is out now, next is bad for MSFT we will see / Jim