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

To: ToySoldier who wrote (21731)	4/27/1999 8:48:00 PM
From: taxman	Respond to of 74651

listen to these guys at your peril. who knows what the best companies will be next year. regards New York, April 27 (Bloomberg) -- A comment on Internet stocks, by Merrill Lynch & Co. analyst Henry Blodget: Blodget said the Internet is too important an industry for investors to ignore. ''It's possible in 10 to 20 years we'll look back on this period in the way we now look at the Industrial Revolution,'' he said at the Ira W. Sohn Investment Research Conference, benefiting the Tomorrows Children's Fund, in New York. Blodget recommended investors buy ''a basket of the best companies,'' including America Online Inc., Amazon.com Inc., Yahoo! Inc., eBay Inc. and At Home Corp. For investors who are wary of investing in pure Internet companies, it's still possible to participate in the industry's growth, he said. ''Given the importance of the Internet's growth in the economy, it seems something investors should invest around'' by buying shares of AT&T Corp., Microsoft Corp. and Cisco Systems Inc., among others, Blodget said, because those companies include Internet operations although it's not their main business. He said that while many Internet stocks carry market values which investors view as too high, the services and information the good ones provide may make them well worth those lofty valuations. ''As we look forward, it's still possible that some of those stock will appear cheap five years from now,'' he said. ''These stocks are worth different things at different times to different investors.''

To: ToySoldier who wrote (21731)	4/27/1999 8:51:00 PM
From: Sir Francis Drake	Read Replies (1) \| Respond to of 74651

<<Funny Drake, I believe that I have been predicting MSFT's slump as well and in fact before you ever have.>> Trouble is, you have been predicting it forever. But when it comes to accurate predictions, that's a different matter. Anyone can say every single day - it's going down. And one day it will - but what about all that time it went up and up? Here's a little demonstration. A post of yours from March 19 of this year: Message 8408863 It contains the deathless prediction: <<Im right. Very soon MSFT will be under $100 again and likely for a long time. :))>> Well, that was before the split. Needless to say, MSFT went nowhere near that, and in fact, today stands at 168 split adjusted. So you say you've been predicting it's demise long before me? And you say: <<Pull your nose out of your ego, your way too late on your predictions>>. That's really great. Yes, you predicted the decline - and you were WRONG. I did made my prediction AFTER you - that much is true... and thank God! Because I predicted it in a timely manner - after it hit the high of 95 not like you, predicting it would go effectively below $50 split adjusted (and stay there for a long time - ROFLMAO!) So no, I'm not too late with my predictions - I'm right on time. Finally, you say: <<I know its tough for you to admit that I was right, but I was.>> Toy, it's just as tough for me to say that 2+2=5. Yes, you were "right" - in Klingon sense. Down here on Earth, your predictions were as wrong as can be. Serb propaganda? You must have been taking lessons from them. And the effects show. Have fun. I promised that I'll nail you. And I will continue to. Next!