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


To: Charles Tutt who wrote (71703)7/25/2002 6:50:32 PM
From: David Howe  Read Replies (1) | Respond to of 74651
 
<< Didn't they take a "one-time" charge a few quarters ago that was in the $Billions? >>

Yes. If you have $10 billion invested and it falls 40% you might end up with a $4 billion loss. Funny thing is that MSFT had quite a bit of money in Cable and Telcom companies. Those are the companies that have fallen the most. The average cable and telcom stock is down around 95%.

Dave