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

To: Catcher who wrote (23639)	6/4/1999 6:21:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

t2, these stocks move so fast in either direction, it is not unrealistic to see 20 point jump in 4 weeks. What we need is a statement from the CFO when office 2000 sets a record for first months shipment.

To: Catcher who wrote (23639)	6/4/1999 7:49:00 PM
From: t2	Read Replies (2) \| Respond to of 74651

Catcher, The stock does trend with the news from the trial only when there is a news vacuum with no major announcements coming up. In January, it shot up big. In April it did not since the split in March resulted in a run-up ahead of schedule. However, in a few weeks earnings from Office2k release should be the driving force. I remember Office97 release which resulted in MSFT blowing away earnings estimates. Even it the earnings are not that great, the anticipation of great earnings will be the key for this stock leading into earnings(important for options traders). It appears that the case has been weakened big time, making for a not so bad remedy if they lose (or even a good appeal). Even if they do so so in the rest of the trial, I think they have gotten a lot more than what was expected in this phase already. To me that one comment by the goverment witness that MSFT probably got a OS monopoly in Aug 95, upon the release of Windows95 is paramount. Then there were other admissions as well--i won't go into those again. How can a court decide that MSFT had a monopoly from 95 to 98. That is not enough time to let the free marketplace sort itself out. This is huge, IMHO!!! I don't see this stock backing down. Now you know why I am about 100% in MSFT(retirement accounts), factoring in options positions. Still hold cash for some trades now and then. I sure don't expect to see 76 again. I will be buying more on margin if that occurs. I believe there are a lot of buyers still out there. They will get impatient and jump in soon, making for a good (or possibly great) run up starting next week. My guess is that there are a lot of people who don't want to risk NOT being in MSFT-----that will create incredible momentum and very sharp increases in stock price. In addition, the shorts will start covering towards the end of June, fearing blow out earnings---this fear will stem from Office2k revenues, IMO (sorry, i am repeating myself a lot).