How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 475.97

+0.2%

1:58 PM EST

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To: John F. Dowd who wrote (23718)	6/6/1999 9:55:00 PM
From: johnd	Read Replies (1) of 74651

Option007, Your theory of stock moves up on anticipation of office2000 and then will sell off on Monday would be an OK prognostication under normal environments. But you are missing a major point. That is that currently the price of MSFT is depressed because of the DOJ trial news. under that environment, any news other than the DOJ news would have a positive bias on the stock. In addition consider the summer rally factor and the next fiscal year earnings upward I expect the stock to hit 85 this week and close to 90 by end of next week. Eventually hitting 100 by end of June to mid July. revision. johnd

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