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Technology Stocks : How high will Microsoft fly?
MSFT 492.06+0.2%Dec 9 3:59 PM EST

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To: Charles Tutt who wrote (3561)10/20/1997 5:15:00 PM
From: Warren Gates   of 74651
 
Charles, well I'm the bastard son of Bill ... he used to really like girls until he met Paul in college.

On a more serious note, mutual fund managers have been slowly bailing out of Microsoft. The problem is, they don't want to tilt the boat because Microsoft is a bellweather for the market that may affect their other holdings. So what they probably want is a soft landing scenario where Microsoft slowly drifts back to the 100 - 110
range where it's still a bit above it's projected growth rate, but
a good enough price for a long term holding.
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