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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 (46156)6/7/2000 6:13:00 PM
From: djia101362  Read Replies (1) of 74651
 
johnd, what's with Sherlund, a few weeks ago he was saying MSFT could go to $50s on breakup verdict and now he's saying the stock should move up?

i'm looking for a quick move back into the 80s, possibly by the end of the week and $100 by the end of august.

i'm not counting out your $120 by the end of the year. MSFT is trading a trailing P/E of 40 compared to the like of CSCO at 180 and ORCL at 130. P/E multiple expansion should get back to about 75-100 over the next 6 to 12 months.

and ballmer would stop getting so negative on MSFT stock, we could really have a rally in softee to make up for the past year and a half of disasterous stock performance.
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