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  Microsoft: Sentiment Improving for Techs
Time: 00:00 EST/05:00 GMT | News Source: Reuters | Posted By: Robert Stein

Microsoft Corp.'s MSFT.O Chief Financial Officer John Connors said on Wednesday that investor sentiment toward technology stocks should improve as valuations return to "more normal and sane levels." "Psychologically, it's likely to improve more than it has recently," Connors said in a Web cast from the Credit Suisse First Boston annual technology conference in Scottsdale. The conference is closed to media. After falling more than 76 percent from highs in 2000, the tech-laced Nasdaq composite index has rallied nearly 30 percent in the last two months on improving investor sentiment toward the technology sector.

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#1 By 665 (64.126.91.172) at 12/5/2002 8:42:47 AM
Ahh, now, he finally makes a meaningful, logical post and gets told to shut up. I guess that's burning your bridges.

(Good arguements, bwoa. Keep it up, and you might actually be a useful member of our society.)

#2 By 1845 (12.254.162.111) at 12/5/2002 5:53:38 PM
FW, good points.

Just curious, what is your profession? Investment banker, stock broker, IT director, programmer?

#3 By 135 (208.50.206.187) at 12/5/2002 9:39:20 PM
You have all your eggs in the tech basket. I think you should also buy United Airlines and K-Mart.

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