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Speculation time:
June 7, 2000 10:13 PM   Subscribe

Speculation time: Will MSFT go up or down tomorrow on the market? Whatcha all think?
posted by Steven Den Beste (11 comments total)

 
My own opinion is that it will rise. The simple fact is that the stockholders win no matter what happens.By the way, no fair voting after the market opens.
posted by Steven Den Beste at 10:14 PM on June 7, 2000


Let's go by past history. Last time a breakup was suggested, it went up.
It will rise.
posted by Neale at 10:29 PM on June 7, 2000


That depends on what MSFT's PR folks say. The American public swallows all their other BS...
posted by Freakho at 11:30 PM on June 7, 2000


...including the BS that MS thinks a breakup is a bad thing? :)

posted by aurelian at 12:38 AM on June 8, 2000


Oh, and up, by the way.

posted by aurelian at 12:38 AM on June 8, 2000


I vote for up.

And our stock in a MS competitor will most likely tank, proving once again that the market makes no sense whatsoever.
posted by litlnemo at 2:50 AM on June 8, 2000


It's up because there were some people waiting to buy in that wanted to find out the outcome. Some had decided to buy if the judge ruled to split MS up, some had decided to buy if the judge ruled to keep MS together. The people already in MSFT certainly weren't going to sell, given that the stock has dropped about 25% from where it was prior to the verdict.

In other words, whichever way the punishment came out, there was a group of people waiting to buy in, and demand went up, raising the price. I think the market makes a lot of sense. That's not to say we can always predict what will happen, but it's pretty easy to figure out after the fact! :)

posted by daveadams at 7:54 AM on June 8, 2000


Shows you what we all know.

Hour and a half after market open and it's down.
posted by Steven Den Beste at 7:58 AM on June 8, 2000


up an eighth? I would have guessed that it would shoot up at least a couple bucks.
posted by mathowie at 9:01 AM on June 8, 2000


It started up, with a big backlog of overnight orders.

Anyway, you can follow a chart of the progress here.

posted by aurelian at 9:39 AM on June 8, 2000


up.

The market has already corrected for this decision. Even if they succeed in breaking MS up, both companies are going to be very successful and worth tons.

MS performs better as the underdog. If they are broken up, they are going to eat everyone for lunch.
posted by Calebos at 11:54 AM on June 8, 2000


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