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Balmer's comments are entirely self-serving and no news organization I have
seen has the guts to report it. All this 'over-valuation' means that tons of
venture capital is rushing to small companies who can, for a brief and rare
time, effectively compete with Microsoft in new areas of the internet. All
this 'over-valuation' in IPOs means that young companies don't have to look
to selling out to MS as their only exist strategy, and if MS does buy
someone, they have to pay a lot more than otherwise (think hotmail and
webTv, both over 400M). Without this 'overvaluation' MS would be much much
more dominant on the web.
- Craig Danuloff
> -----Original Message-----
> From: Robert W Cummings [mailto:robert.cummings@xxxxxxxxxxxxxxxx]
> Sent: Saturday, September 25, 1999 9:57 PM
> To: Sigstroker@xxxxxxx
> Cc: omega-list@xxxxxxxxxx
> Subject: Re: Stock Market going to recover?
>
>
> I sometimes wonder if Ballmer was making these statements as an
> under lying
> motive to dump his personal stock. Later when the results of the lawsuit
> are known and MFST fate is bad he has stated publicly his motive prior to
> selling. Then if they do break up the company he might be accused
> of having
> inside information via MFST attorneys from SEC or stock holders filing
> lawsuits. His alibi would be about as concrete as it comes. Market hears
> what it wants to hear anyway just a thought just greed turning to
> fear very
> fast in our markets today. This market ever gets something real that is
> real bad it's gonna be scary how fast and how far it can break. If when it
> does it will present many opportunities for shorts and longs.
>
> Robert
>
>
>
>
> At 08:19 PM 9/25/1999 EDT, Sigstroker@xxxxxxx wrote:
> >In a message dated 9/24/99 9:11:34 AM Pacific Daylight Time,
> >TradeWynne@xxxxxxx writes:
> >
> >> BTW anyone know the exact time Ballmer made that statement? We used to
> joke
> >> it would be interesting to be Sadam's broker. Not to compare
> the two! You
> >> wonder if Sadam was long Crude before he moved his tanks up
> and then into
> >> Kuwait. Are there any laws against MSFT employees selling NDX futures?
> >
> >Ballmer's been saying essentially the same thing for months. He
> was in the
> >paper a couple months ago saying something like it's
> "ridiculous" for MSFT
> >shareholders to expect the recent earnings growth rate into the future.
> >
> >
>
>
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