Analysts Say Microsoft Will Recoup Value

Yet many analysts were confident about Microsoft_s long-term value and continued their "buy" or "hold" ratings. Microsoft (stock: MSFT) dragged the Nasdaq down 248 points in early afternoon trading, for a session low of 4,324. Analysts said Microsoft stock has been undervalued for several weeks. It hit a high of almost 120 in December. Prices Monday, though much lower, were at the same level as earlier in March before settlement hopes bumped up the stock. The news from U.S. District Court Judge Thomas Penfield Jackson will be negative, consistent with his findings of fact in November, said Rick Sherlund, managing director of the technology research group at Goldman Sachs, New York.