Yet Another Reason to Buy Microsoft By James J. Cramer 6/28/01 1:06 PM ET

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Did anyone really expect anything different from this Microsoft (MSFT:Nasdaq - news - commentary) ruling?

I think it's one of those things where people say, "Fine, now how's the !@#$!%! quarter?"

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Of course, we don't know how the quarter is going to be. I have lots of sources there and they say things are fine but this is one of those stocks where it's all in the pipe.

But what has changed in the interim is that Microsoft has become the No. 2 Net play after AOL (AOL:NYSE - news - commentary) in a world where AOL is making a lot of money in the Net. With the Justice Department off its back -- yes, I think that's a given -- Microsoft can start monetizing the Net instead of just losing money on it.

If you combine the tax rebates (which will go to buying personal computers in part), with a newfound spirit of dominance at Microsoft (courtesy of a Justice Department focused on other things) and the new products, you get a stock that I think will get more than its fair share of tech dollars.

But then again, I am long it already and I've said dozens of times if I had to own only one tech stock, it would be this one.

This ruling just makes that more definite.

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