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


To: t2 who wrote (62639)11/6/2001 1:06:23 AM
From: tbigb  Respond to of 74651
 
It is actually best for the company/stock in the long term if a few states litigate to the very end. This increases the chances of more things being overturned on appeal in the appeals court and supreme court.



To: t2 who wrote (62639)11/6/2001 1:44:13 AM
From: sandeep  Read Replies (1) | Respond to of 74651
 
Another benefit of continued litigation is that there is always the possibility of good news around the corner. So, the stock has a good floor created from "not all good news is factored in" investors. In the absence of such possible good news, the stock becomes a function of the economic strength and starts to look less attractive than stocks like csco/jnpr for the aggressive investor. Just imho.

EDIT: Just read on yhoo.com that NY may have reached a separate settlement with msft and now only MA and CA are the BIG holdouts.