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Technology Stocks : How high will Microsoft fly?
MSFT 485.33+1.8%3:59 PM EST

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To: johnd who wrote (6492)5/5/1998 12:39:00 AM
From: larry   of 74651
 
Johnd,

Maybe I am too bullish on MSFT. But I just can't help but being bullish on MSFT. Everytime I talk to a bit shot trader or fund manager on the street, they suggest that MSFT has the potential to double its current value in 12-18 months. And nearly all of them have taken into account of the unrecognized revenue issue and have come to the conclusion that MSFT is too cheap compared with the likes of DELL, LU. If you take into account of everything, MSFT is only being traded at a trailing PE of 29, and forward PE of about 25.

MSFT will be traded at 120-130 by late summer. If the market does not make a severe correction, look for 150 by the end of the year.


larry!
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