Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jon Stept who wrote (3725)	10/22/1997 4:00:00 PM
From: vinod Khurana	Read Replies (1) \| Respond to of 74651

From John Markoff's column in the NYTimes: "Senator Orin G. Hatch, the Republican from Utah who is chairman of the Senate Judiciary Committee, said he supported the Justice Department's action [concerning Microsoft] and would hold a hearing on Nov. 4 to 'explore anticompetitive practices in the software industry'." Got any anticompetitive practices or just want to show your support---write your beloved Congressman!!! =========================== Three cheers for CPQ which told the Justice Department that it had been threatened with excommunication from Pope William from Win95 if it choose to ship NSCP with its computers." Its nice to see Pope William's arm twisting made public.

To: Jon Stept who wrote (3725)	10/22/1997 4:07:00 PM
From: vinod Khurana	Read Replies (3) \| Respond to of 74651

The problem here Jon is that the bad news against MSFT comes at a time when its stock is trading above 45x earnings and close to the 52-week high as opposed to the 52 week low. Had it been at or close to the low when the allegations were made, one could argue that the news would not affect the stock price as much. Take a look at INTC. The lawsuit against it by DEC came at a time when the stock was close to the 52 week high. The plunge recently has factored any expenses the company may incurr. MSFT is in no different position. Bullish investors can ignore the potential impact of the DOJ investigation hoping nothing comes of it but the reality of the markets that they just don't like uncertainty in my opinion will be a weight on MSFT stock for some time to come. I don't think the DOJ will give up anytime soon and especially with Janet Reno leading the pack. She is the Presidents choice after all. V.K