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Technology Stocks : How high will Microsoft fly?
MSFT 480.82+0.6%3:59 PM EST
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To: Uncle Frank who wrote (5679)4/5/1998 8:52:00 PM
From: Gerald Walls   of 74651
 
Of course, this is the same scenario I faced at the end of January last year when I bought msft at a presplit of 102 1/4. I had watched the stock for 9 months, waiting for the dip that never came, when my wife advised me to quit whinning, buy in, and take my lumps. It did retrace briefly for a few points, but as of yesterday I'm up 78% in a little over a year <ggg>.

Same with me. If I'd have bought when I first thought about it (I didn't because it was too high) I'd have better than a triple now. As it is I have a 35% return from Jan 21, 1998.
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