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

To: t2 who wrote (18126)	3/16/1999 8:43:00 AM
From: KYA27	Read Replies (1) \| Respond to of 74651

Investors shrug at Nortel deal Elsewhere in telecommunications, the latest big-name alliance among bellwethers of tech garnered only a dollop of Wall Street interest. Canada's Northern Telecom (NT) lined up for a four-way tie-up with Microsoft (MSFT) Intel (INTC) and Hewlett-Packard (HWP) to produce equipment that will let companies send voice, video and data traffic over their computer networks. Nortel, the only telecommunications gear maker in the bunch, added 1-3/8 to 60-3/16. But the agreement didn't give any particular boost to Nortel's stock, as its top rivals also rose: Cisco Systems (CSCO) gained 1-3/4 to 105 and Lucent Technologies (LU) rose 2-9/16 to 105-13/16. Among Nortel's partners, H-P rose 2-9/16 to 71-9/16, and Microsoft rose 5-11/16 to 165-7/8 Chip giant Intel shed 3/8 to 117-7/8.

To: t2 who wrote (18126)	3/16/1999 9:20:00 AM
From: blankmind	Read Replies (3) \| Respond to of 74651

- I predict AOL goes down big time - There's a free ISP; with a ton of local numbers; provided you take the ads with it. Backed by some big names. No monthly charges. - I don't have the URL handy. But my point is that access to the net will become a commodity. - Which is why MSFT, SUNW, DELL, etc... are unique; and why MSFT deserves a much richer valuation than 60X earnings. Especially in this low rate; high p/e environment. - Having said that, look for MSFT to tank today, as there's a lot of bad press from the States' AG's on the lawsuit.