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


To: KM who wrote (16027)2/15/1999 6:32:00 PM
From: t2  Respond to of 74651
 
Cramer is WRONG!!! He is a great trader but will be proved wrong. Watch and see. His commentary might cause some short term selling. He is short the stock anyways and wants to advertise this so those who follow his tactics will cause some selling leading to his closing his short position.

His long on calls position is really a no-position. Buy some way out of the money Aprils and call yourself long on options. He is waiting for that golden opportunity like every other experienced MSFT investor.



To: KM who wrote (16027)2/15/1999 8:02:00 PM
From: t2  Respond to of 74651
 
Trufflette, On second thought Cramer's (Wrong!)article does not seem that negative to me. It just means he wants to capitalize on other people's panic. Cramer is going to make a fortune going long on stock and options. He had mentioned that he still plans to trade long in MSFT.

Quotes from the article:

Second, without a loss in the case, this is my favorite stock because the fundamentals are so strong.

Lastly, as inept as 'Soft has been, it will appeal and appeal and appeal -- and, in the end, I don't think it will matter that much what the government initially argued for.


It should be everybody's favorite stock due to the fundamentals. Appeal, Appeal, Appeal---in the end it won't matter. The only thing the DOJ can hope for is a win from the judge and working out some reasonable deal with MSFT for remedies--and MSFT won't go for anything that results in loss of value for shareholders.
By the way, a big drop in the stock can have a serious affect on the markets-----a lot of pissed off investors who see it as their top holdings in the index funds. I bet Joel Klein and company's pension is mostly tied up in some index fund too (not to mention the state attorneys).

Just wait til the Intel trial starts in March. You will start seeing the fireworks. The backlash against the government is going to pick up steam for going after the best tech companies in the US. You know what politicians do when they feel the heat---they back down in a big way. I read a Bloomberg story today that politicians may be consulted on any remedies.

Bottom Line----Stock holders will make a fortune. Options traders have to be carefull.