How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: t2 who wrote (26832)	7/20/1999 9:56:00 AM
From: Teflon	Read Replies (2) of 74651

A lot of people were expecting this pull back, t2k. There will be heavy buying if the stock hits the 92-94 range, IMHO. I am still very pleased with MSFT hitting the 95-100 mark by earnings time. The fundamentals are still strong. The Conference call on Thursday will be pivotal, however, as Maffei's guidance is starting to get troublesome. Sure MSFT always beats estimates, but in playing this game, Maffei is starting to lose credibility in his guidance. At some point, MSFT may very well have to provide serious downward guidance, and if the Street doesn't take Maffei seriously, it could significantly harm the stock. That is my only concern at this point. I am starting to doubt whether I can ever rely on MSFT's guidance looking forward. Just my opinions. Teflon

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