How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

3:59 PM EST

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To: Alan Buckley who wrote (25456)	7/2/1999 7:13:00 PM
From: johnd	Read Replies (1) of 74651

100 by earnings means about 69 PE. So I think there is some room to go higher before peaking. I think it could peak at 73 or 74 PE or about 108 to 110. You know, some times it makes big moves on big volume say 5 pts on 40 million share volume. 2 days like that and we will be at 102. Plus additional 7 days of trading and we have some chance of getting to 110. I will be happy with 100.

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