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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: Charles Tutt who wrote (12673)11/27/1998 10:41:00 PM
From: t2   of 74651
 
I was talking about NT 5.0 now renamed.
Stock prices are not rational. If they were,we should have seen Dow 6500 as all the EXPERTS predicted.
My feeling is that as I predict MSFT going up, a lot of others will also. But- I would take my chances with MSFT rather than those internet stocks.
Look for dow 10000 sometime in December. 10,500 sometime in January 1999.
Nasdaq 100 should do better. This is how I get my MSFT at 150 sometime in January. Possibly 140 by earnings and 150 after stock split announcement. Remember, they announced it when price was 135 last year. THis year they will do it - to counter the DOJ case effect on stock price. Don't expect their usual cautionary statements upon earnings release - for the same reason. Nobody believes it anyways.

LOL
Paul
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