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Technology Stocks : How high will Microsoft fly?
MSFT 491.12+1.7%Dec 8 3:59 PM EST

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To: t2 who wrote (17787)3/11/1999 9:59:00 PM
From: 16yearcycle   of 74651
 
If by some miracle the price drops tomorrow, I am going to buy more even though I am quite stretched. We can be very sure that this q will be at least .68 and the next one .80 minimum. There is no reason to not expect 30% annual growth from there, which puts msft at about 44x forward earnings. Not bad at all, especially for a monopoly.<G> The split will cause a pop in the price for short term traders.
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