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


To: Uncle Frank who wrote (12006)11/2/1998 4:11:00 PM
From: TigerPaw  Read Replies (2) | Respond to of 74651
 
Microsoft's problem is the law suit,
I wonder if Gates will be able to recover as well as Clinton after his video gets shown.
TP



To: Uncle Frank who wrote (12006)11/2/1998 7:41:00 PM
From: PMS Witch  Respond to of 74651
 
"I think the stock price will jump >20% if the suit is thrown out."

You might be correct. The day the AAPL lawsuit was thrown out, MSFT opened up $16 and held the gain quite well for the rest of the day. Unfortunately, APPL brought their $5bil suit the next day and MSFT opened down $16. I remember this clearly because I had some options about to expire and I was able to close my position with an unexpected profit. Best of luck, PW.