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   Microcap & Penny StocksMSFT - How low can it go


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To: sandeep who wrote (1)10/13/2000 4:59:57 PM
From: Andy Thomas
   of 39
 
looks like a nice meltup today... too bad 'they' didn't choose to kite msft up.

andy

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To: sandeep who wrote (1)10/13/2000 5:00:27 PM
From: Andy Thomas
   of 39
 
my target is .50
andy

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To: sandeep who wrote (6)10/13/2000 5:01:38 PM
From: Andy Thomas
   of 39
 
wow... so their price:book is down to 10 or under? say when they get to $5 a share (book value) i'll be a buyer... my previous target of .50 was too low.

andy

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To: Andy Thomas who wrote (10)10/13/2000 5:01:59 PM
From: sandeep
   of 39
 
Welcome to the board then...

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To: sandeep who started this subject10/16/2000 10:19:22 AM
From: Andy Thomas
   of 39
 
interesting how they're letting oil companies merge yet the antitrust suit against msft goes ahead unabated. '... things that make you go, hmmm.'

in any event my belief in msft as a sub-$10 stock remains firm... in other words the doj is the least of msft's problems.

still the disconnect between their predicament and what is being allowed by the oil companies is interesting to say the least.

andy

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To: sandeep who started this subject10/16/2000 10:54:11 AM
From: Andy Thomas
   of 39
 
nice action in msft so far today... down over $4... let's see if the 'plunge protection team' steps in or if they just let this one fall. it's getting more and more difficult for the powers that be to carry this bubble forward.

can anyone say 'deflation?' how about 'hyperinflation?'

'stagflation' anyone?

andy

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To: Andy Thomas who wrote (13)10/16/2000 11:38:59 AM
From: Insitu
   of 39
 
Andy--No oil company comes close to a 90% market share, as MSFT has in both PC operating systems and word processing. Exxon and Mobil combined might have a 20% to 30% market share. However much you may dislike Big Oil, the market share numbers back up the DOJ in both approving oil mergers and chasing after the MSFT monopoly. JMO

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To: Andy Thomas who wrote (13)10/16/2000 10:39:06 PM
From: JC Jaros
   of 39
 
I agree. Let's get loud about it. Write your congressman/woman or senator. If you don't, they just take the oil money and it slides by all greasy past the FTC and DoJ. --- Personally. I don't think it'll be allowed. I want to say, unless Bush is elected, but the fact is Gore is likely just as beholding to big oil. I heard that he has a large Occidental Petroleum position (could be wrong, but I wouldn't be surprised). --- The DoJ is apparently going to disallow or restrict the Time-Warner/AOL merger. That's probably on the stregth of AT&T's lobby. --- You're right though, it'd be *ludicrous for Standard Oil to re-form (basically) while the Sherman act is in process. I don't know. Maybe the timimg is more than coincidental. In any case, a Chev/Texaco merger is bad news to you and me. -JCJ

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To: JC Jaros who wrote (16)10/17/2000 12:14:00 AM
From: Dave
   of 39
 
Re "Gore is likely just as beholding to big oil. I heard that he has a large Occidental Petroleum position"

My understanding is that Gore's family, which is no poor family by any measure, owns a few hundred thousand dollars worth of Occidental stock. Hardly a large position, especially when compared with the monstrous oil fields that Cheney and Bush and their cronies own.

I found this quote somewhere on the Internet but have not substantiated its source...

"As for current Occidental stock held by the family, Gore says it is an estate holding consisting of his late father's assets over which he exercises no control.

"'According to his will, that [Occidental stock] was put into a trust fund to benefit my mother for the remainder of her life, and I was named executor of his will,' Gore said during a rare press conference in Tennessee."

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To: Dave who wrote (17)10/17/2000 12:37:50 AM
From: JC Jaros
   of 39
 
That's fair. See now, the person I heard this from made it sound like a more substantial personal position. That, of course, seems completely incongruous with Gore's environmental position. Goes to show how jaded one gets with the whole thing. Gore could fly around in an Oxy Pete Grumman jet, and I'd still be voting for him over George W. -JCJ

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