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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%3:59 PM EST

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To: Kevin Hay who wrote (26774)7/20/1999 12:51:00 AM
From: J. P.  Read Replies (1) of 74651
 
I and everybody else knew what Maffei was gonna say, I put it in a post yesterday:

Message 10556044

I just thought they were going to have to come in 7-8 cents to touch off another leg up. Remember they did that last quarter, it bounced about 10, then started to sell off hard. Then they announced the split a couple of days later and it was off to the races.

There is no split this time. Of course the numbers are stellar, hence the rich valuation and the market cap. I still wish I'd sold my calls on Friday, but I kept them and rolled the dice on the earnings today. Hope I'm wrong and it keeps rallying, but I'm suspecting Friday's paper profits are history.
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