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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST
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To: Teflon who wrote (27030)7/21/1999 1:39:00 PM
From: johnd  Read Replies (4) of 74651
 
Teflon, PMS, Uncle Frank, T2000, Morgan, and others:

Here is history over the last 3 years for MSFT price behavior from
summer peak. It may or may not repeat. But it likely might.

Year July Peak Second Half Low Dec31st close
==== ========= =============== =============

1997 153 117 (-23% from july) 130 (-15% from july)

1998 120 88 (-29% from july) 139 (+15% from july)

1999 100 ??? ???

My prediction for 99 second half:

1999 100 76 (-24% from July) 100 (0% from July)

What are your feeling?
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