How high will Microsoft fly? Message Board

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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: Catcher who wrote (17920)	3/13/1999 12:35:00 AM
From: larry	Read Replies (2) of 74651

Catcher, I also moved lots of $$$ out of DELL when it rallied over 100 (presplits). I only have DELL 40 leaps puts I sold a while ago and am not planning to add more position on this issue. No matter how great this company is, the stage is set for it to grow in the high 30s to very low 40s. It will meet its number, but will have a hard time to beat. DELL is falling as a victim of its own past success. MSFT and AOL are my top two positions currently and I do plan to sell both in the next several weeks. I will probably sell Softie after its split. I never understand why AOL commands such a ridiculously high PE. But it's a winner and it will be tough for me to sell a winner. I think that tech issue will have a tough time in April. Will definitely look to reenter using anyway weakness, especially with Softie and AOL. I will also play short term trade with LU & SUNW for the split play. good luck, larry!

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