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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: johnd who wrote (18999)3/27/1999 8:48:00 AM
From: t2   of 74651
 
Johnd, It seems our unbelievable predictions from over a month ago did materialize. When the stock was in the 140s and 150s, it was hard to imagine getting to the 180 level pre-split. All the sentiment was negative. Another reason to be a contrarian when there is so much negative sentiment. I was expecting 100 post split in the first or second week of April (from what i can remember). I think that maybe I was a little conservative in my predictions.
I remember the posts from a while ago (1 to 2 months ago) when you and I were making our predictions. I think about 180 pre-split was we both guessed, see upside right after the split. I had thought that 100 was be the upper limit on the stock. Now I am considering whether it could actually blow past that price. Not sure at this point but the odds are getting much better. I am starting to think the PE on this stock will go up a lot more---meaning a stock price in excess of 100.
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