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

To: Uncle Frank who wrote (62420)	11/1/2001 8:11:15 AM
From: John A. Stoops	Read Replies (1) \| Respond to of 74651

Frank, We are at $60.05 right now in Premarket trading. This will lift all boats today in my opinion. I knew this case would settle. It has taken two years longer than it should have. John

To: Uncle Frank who wrote (62420)	11/1/2001 8:34:45 AM
From: t2	Respond to of 74651

This is a pleasant surprise. Wonder what Mr. Market will make of it. I think the market will react very positive...expecting a steady move higher in MSFT and Nasdaq instead up a short term rally followed by a selloff. At least that is what I am hoping for. This had been too big of an uncertainty for MSFT stock that kept it in a trading range, imho. I think now we could finally make a decent, sustainable move without having to worry about the next big legal development. We all know that markets don't like uncertainty. The best thing about this is how difficult it would be for some of the State AGs to pursue this case alone if they do not go along with the settlement. Prior to reading some commentary, I had thought that it would be no big deal for States to go after MSFT even if the DOJ was settling. These are elected officials unlike the DOJ---no secret that they stood in the way of a settlement in the past. However, I doubt they can really score many political points by not settling (given the events of Sept 11 and also the weak economy). What if the new judge approves the DOJ/MSFT settlement even if some states argue against it in court? That would put a huge hurdle in front the State AGs that will be hard to overcome..ie. litigating even after the Judge accepts the settlement as a reasonable remedy. That seems to be the consensus from some of the commentators I have read. JMHO.