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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: johnd who wrote (24022)6/12/1999 2:11:00 AM
From: ed   of 74651
 
Rate hike == uncertainty.
Stock price already had the factor of rate hike built in .
There won't be rate hike, but there will be uncertainty till the end of June.
So, your target may be hit sometimes in July when the uncertainty gets away , and earning report comes to play. Your price target maybe little too conservative. I see
intraday high of $120 in July , and may settle down between $105 to 110.
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