How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Sir Francis Drake who wrote (27796)	8/3/1999 1:44:00 PM
From: t2	Read Replies (3) of 74651

Morgan, I still think what is happening with MSFT is the "Intel effect". Feeling a little better about repurchasing some of my core MSFT in the last week or so (most done yesterday). Intel is just so strong right now and it is only one half of the Wintel equation. If people are getting so optimistic about Intel, i think MSFT would follow at some point. Maybe it is starting right now. I can't see it dropping below 77 at anytime during the year. There may just be too many bargain hunters. Just like Intel, the pessimism is all out there. As soon as it takes a bit of a turn(just like Intel), it could move quickly.

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