How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.52

-2.8%

3:59 PM EST

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To: ToySoldier who wrote (12684)	11/28/1998 12:12:00 AM
From: Exacctnt	of 74651

Toy, I certainly would expect you to bet on IBM. In fact, I think you are. Your single industry scenario has merit, but in my opinion not relevant unless there is proof that the software industry is dying off. The many sub-industry sectors that IBM rely's upon affects them both positively and negatively. It protects them when weakness occurs in one or more sectors and also harms them when all sectors are not experiencing high growth. IBM's stock price action has been remarkable year-to-date. Going forward however, it is hard to justify additional price appreciation when growth is under 10%. Then again, when looking at those internet stocks, who knows. Regards, Bob

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