Bill Writes Microsoft's New 'Road Ahead'

Around midday today the rumor began to spread on the Street that most of the brutal selling on Microsoft (MSFT Quote) this morning was past, and that after U.S. District Judge Thomas Penfield Jackson's release of his Conclusions of Law this afternoon at 5 p.m. EDT, we'll see buyers coming in in afterhours trading to re-establish Microsoft positions at the lower prices delivered by today's massacre.

I wouldn't be surprised. If you take the long-term view on Microsoft -- whole or split -- you've gotta think this one is going back up, and up a lot. With assets like Windows and Office, plus an unparalleled marketing machine, Microsoft is still a giant, if a humbled one, today. And no matter how much the munchkins (think Lilliputians) try to tie the giant down (think Gulliver), he will still roar.

If perhaps, shortly, in a much higher-pitched voice. ...