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Of course everything is overvalued. Their biggest problems is competitors
growing stronger. what a better way to fend this off buy buying them
cheaply...? So they talk them down.
Gwenn
| -----Ursprungliche Nachricht-----
| Von: Brian Massey [SMTP:bnm03@xxxxxxx]
| Gesendet am: Friday, September 24, 1999 8:54 AM
| An: 'omega-list@xxxxxxxxxx'
| Betreff: RE: Stock Market going to recover?
|
| When the president of the #1 software company and the largest company in
| the world comes out and says that most companies in his industry are
| rediculously overvalued, including his own, I think that's impetus enough
| to cause a significant sell off. That's as good as saying, people
| shouldn't buy our stock anymore because it's not worth the price. He
| (Ballmer) used to beleive in perfect markets but not anymore? That's
| enough to make me sell. Plus it seems like a lot of MS employees are
| cashing in. My friend at the bank who deposits their checks is seeing a
| lot of MS tracffic convert to cash. And the checks are large. I don't
| care though, up or down, as long it moves.
|
| -----Original Message-----
| From: Robert W Cummings [SMTP:robert.cummings@xxxxxxxxxxxxxxxx]
| Sent: Thursday, September 23, 1999 10:12 PM
| To: Omega-list@xxxxxxxxxx
| Subject: Stock Market going to recover?
|
|
|
| Lots of negative press out about the stock market after today's reversal.
| Any options on whether this was just a big break today and will be followed
| by buying tomorrow or we in for another sizable correction? Nite S&P down
| over 9 points bonds up strong.
| Who was that Microsoft guy or mask man today geezer.
|
| Robert
|