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


To: DownSouth who wrote (13023)12/7/1998 9:26:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
What is in it for State Attorneys. I am not good with US politics but these guys are elected officials. If there are enough pro MSFTers, it could be tough to get elected. Election turnouts are probably higher for people who have retirement plans or pensions. In addition, Index funds are becoming more popular because they outperform managed funds and of course MSFT is the number one holding. (I am assuming S and P 500 funds are the most popular)

You could be right that there is not much for them to gain- but there is something for them to lose. My point is why should they take a chance.

However I agree that the main reason is that the case is for the benefit of the competitors and not the consumers and SC state attorney pointed this out.



To: DownSouth who wrote (13023)12/7/1998 9:33:00 PM
From: t2  Read Replies (2) | Respond to of 74651
 
The bottom line is that MSFT will move higher and higher. I can see 150 by the first week of January. Maybe we will hit 141 this week. It would be nice if could happen by tommorow or Wednesday.

If more states start dropping out, 200 could be around the corner (maybe April). There is earnings momemtum to go along with the stock price increase.

By the way, when I listened to the government lawyer, Boies, comment on the NETScape/Aol deal, he brushed it aside and stated that they were concerned about past wrong doings by MSFT. We should have taken that as a HINT that there was no longer a united front against MSFT.