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

To: Tom Kearney who wrote (4947)	2/2/1998 7:46:00 PM
From: 16yearcycle	Respond to of 74651

Got your e-mail. I am working into the reading and not posting attitude again. It is annoying to nail the turn again, and have others waiting for the big drop.No one listens anyway. Sure msft will drop,after it is at 90 post split, it will pull back to 75-78. You know what I mean. That intc report was the turn. Everthing anyone needed to know about how business was going was in it.But speculators are in control short term, and they look to the stock price for guidance.It is a DISEASE. Sold some equips in the run up, had bought in the 20's, klac @ 34, and back into csco, intc. I do want psft now, it is a better value now since business growth is exceeding cap growth. Look at BRKA. Oh BABY!! CSCO's report is manana. Not sure amat's cc will be good. Either way, it hits 100 in 2000.

To: Tom Kearney who wrote (4947)	2/2/1998 9:39:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 74651

Tom, did you see this one from the intc thread? I really think MSFT's sales in Japan must be suffering....not. February 2, 1998 (TOKYO) -- Personal computer sales of 2,000 mass retail home electric appliance stores surged for four straight weeks over the year-before levels, according to GfK Japan Ltd., an information service company. During the first week of January 1998 (Jan. 5-11), sales increased compared with the same period a year ago, making it the fourth consecutive week of higher sales over the year-before level. According to GfK Japan, PC sales during the first week of January dropped 34.1 percent in units and 32.3 percent in value from the previous week. (See table.) But these sales results compared favorably with the same week a year ago (Jan. 6-12, 1997): up 11.0 percent in units and 8.4 percent in value. The average sales price rose 6,090 yen (US$48.30) from 224,744 yen (US$1,780) the previous week to 230,834 yen (US$1,830). Sales volume plunged sharply in a week-on-week comparison, following the usual sales drop at the start of each year. In year-ago weekly comparisons, sales were up for four consecutive weeks since the third week of December 1997. Sales of notebook PCs during the first week of January jumped 63.1 percent in units compared with the same week a year ago. The sales volume of desktop PCs decreased 12.7 percent, a comparatively small margin of decline. PC sales by mass retailers of electric home appliances in 1998 started out firm. GfK Japan collects POS data from 54 IT-related retail companies dealing in volume sales of home electric appliances and about 2,600 stores (as of October 1997) throughout Japan. Nikkei Market Access, which provides its members with IT data, giving weekly reports of PC sales in volume and value under cooperation with GfK Japan. The number of units and amount handled have been based since 1996 on the same 41 firms (about 2,000 stores) to enable a time-series comparison. It is estimated that the PC sales volume by the stores covered by GfK Japan amount to about 10 percent of the total domestic shipments and about 25 percent of storefront sales.

To: Tom Kearney who wrote (4947)	2/3/1998 6:44:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 74651

OFF TOPIC OFF TOPIC!!!!!!!!!!!! Tom, read this and marvel!!!! I am stunned!! Berkshire owns large stake of world silver supply NEW YORK, Feb 3 (Reuters) - As the price of silver hit a nine-year high and supplies hit new lows, Warren Buffett's Berkshire Hathaway Inc [NYSE:BRKa - news] said it owns 129.7 million ounces of silver that it purchased in a six-month period between July 1997 and January 1998. Berkshire said in a press release issued on Tuesday that it it owns 129,710,000 ounces of silver, which it first purchased beginning on July 25, 1997 and last purchased Jan. 12 of this year. That represents more than 20 percent of the world's estimated silver supply at 1997 year-end, according to metals market consulting firm CPM Group. The company said it normally would have published the information about its holdings in its annual report, due to be published next month, but released the figures early in response to inquiries. Precious metals markets have been roiled in the past week amid speculation that a leading participant had manipulated the market by transferring silver inventories from New York to London in order to create the impression of a supply shortage. NYMEX President Patrick Thompson said last Friday there was ''absolutely no basis'' for allegations the COMEX silver futures market was being manipulated. Silver prices soared to new nine-year highs Tuesday on the New York Mercantile Exchange's COMEX division. March silver climbed 36.7 cents to settle at $6.615 an ounce as COMEX stocks dwindled to 12-year lows of around 103.7 million ounces. Berkshire said it has accepted delivery of 87.51 million ounces and that the remaining 42.2 million ounces call for delivery at varied dates until March 6, 1998. To date, all deliveries have been made on schedule, it said. In its statement, Berkshire said that if any seller should have trouble making timely delivery, the company is willing to defer delivery for a reasonable period upon payment of a modest fee. It said all metal was purchased for London delivery through a single firm. No options have been or are held by Berkshire, it said. Berkshire said no purchases have been made that established new highs for the metal and that all buying occurred after dips. The company said it had no present plans for purchase or sale of its silver horde. At present, the silver position, at cost, amounts to less than 2 percent of the company's investment portfolio. The Berkshire statement said the company began accumulating the precious metal last summer after Buffett, Berkshire's chairman, and Charles Munger, its vice chairman, concluded that ''the equilibrium between supply and demand was only likely to be established by a somewhat higher price.''