How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 477.74

-2.5%

Dec 3 3:59 PM EST

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To: t2 who wrote (27299)	7/25/1999 1:38:00 PM
From: werefrog	Read Replies (1) of 74651

Tech2000: Did you see how msft acted during the earnings run? It started going up from 76 about a month before earnings and reached it's heighth last Monday, earnings were reported after the close last Monday and it sold off beginning Tuesday. The only way a stock will continue going up through earnings is if they beat the estimates by a hefty margin. I caught on to the earnings run by looking at a 1 year chart. Of course msft said that they would have no problem meeting the earnings estimate several weeks ago, therefore the earnings run was a guaranteed nobrainer. Had they warned of trouble meeeting the estimates, it would have been a different story. My csco posting was speaking of earnings in general and I would do my homework before playing it for a earnings run. Have a nice day.

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