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Technology Stocks : How high will Microsoft fly?
MSFT 485.92+0.4%Dec 19 9:30 AM EST

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To: Jill who wrote (28658)8/25/1999 8:57:00 AM
From: Teflon  Read Replies (1) of 74651
 
Since I've been getting several PMs from folks asking me where I think MSFT is headed, I just decided I'd post my brief but specific thought on the matter here for the public to see.

MSFT will move higher --> ***MUCH HIGHER*** --> in my opinion. I do not think we will trade down to the 77-78 level that many were hoping for, and I see substantial strength in the stock over the near term that should take us to a new all time high by the end of September. This rally in MSFT has legs. I do not think MSFT will see the 70s again until after its next split, and if you've been waiting to buy, I wouldn't get too caught up in trying to save a couple of points. Over the long term, it just won't matter.

This rally will continue.
Just my opinions as always.
Teflon
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