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Re: Stock Market going to recover?



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Balmer was in TODAYS listing of 400 richest men still at position 4 or so...

...I hope HE dropped out of the list NOW ! <g> If he is tooo much bored 
with his job, he can cut my lawn or look after my zebra

rgds hans
 
> Now that's like the commercial where the guy says he's stupid and the self
> help group he's at say's nobody here is stupid Bob. Then he explains what
> he did and the group leader says'"now that was stupid Bob"......LOL
> 
> Robert
> 
> Jim Johnson wrote:
> >The Balmer statement reminded me that in 1929 an electric utility made a
> >new stock offering and in the prospectus actually said they expected no
> >one would buy the shares as they were so overpriced.
> >
> >Brian Massey wrote:
> >
> >> Weather or not stocks are overvalued is a matter of opinion, or what
> >> Ballmer's true intentions is conjecture too.  Ballmer spoke and people
> >> listened.  A lot of people probably believe that tech that traditional
> >> measured of vlauation are obsolete.  There are a lot of people who
> >> probably believe that we're in a new era of economic prosperitu driven
> >> by unprecedented levels of productivity made possible by computers. 
> >> You may not believe, but I'd bet there a lot of investors that do.   
> >> This was a wake up call to those people.    The bottom line ballmer
> >> spoke and people listened.
> >>
> >> Microsoft just boght Visio.  How come they didn't do this "talking
> >> down' before buying them so they could buy them "cheap".   Given the
> >> long term market env., I doubt any company that MS wanted to buy out
> >> would let themselves go "cheaply" even if their stock was temporarily
> >> depressed.
> >>
> >> -----Original Message-----
> >> From:   Gwenael Gautier [SMTP:ggautier@xxxxxxxxxxx]
> >> Sent:   Friday, September 24, 1999 2:04 AM
> >> To:     'omega-list@xxxxxxxxxx'
> >> Subject:        AW: Stock Market going to recover?
> >>
> >> 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
> >
> >
>