How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 489.91

+0.6%

3:59 PM EST

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To: johnd who wrote (13902)	1/7/1999 10:55:00 AM
From: Ed Schultz	of 74651

John, I totally agree with all 3 of your points. 1) Microsoft will NOT announce a split in January. There are generally two conditions under which Microsoft will split. First, they need the stock to stay above 110 for about 9 months or longer. Second, they need earnings of roughly $3 per share for the past year. Neither one of these is close to happening at this time. 2) Agreed. With all the speculation out, Microsoft should give its usual cautionary guidelines. 3) 120-130s sounds fine. Once earnings come out, people WILL take profits in February. Some are even predicting a major 20% correction in the market although I think that may be taking it a bit far. Ed

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