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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (5372)	8/25/1999 9:54:00 AM
From: Teflon	Read Replies (2) of 54805

Well Mike, MSFT is up 2 1/2 at 94 3/4. Maria B. was on CNBC a minute ago clarifying a Lehman Buy Rating that was put out on MSFT this morning. Lehman has given a price target of 130 on MSFT, and is providing a very bullish outlook on MSFT throughout the remainder of the year. Apparently Lehman is suggesting that MSFT's management has become more comfortable with the "Y2K Bug", and their outlook is becoming more positive than negative as customers are preferring to upgrade their software vs waiting out the event. Lehman apparently is suggesting that MSFT "might be one of the few stocks that may in fact be insulated from the y2k event." To me, this is about as bullish as it gets from MSFT's management. I'm starting to wonder if a settlement is in the works <vbg>!!!!!! Teflon

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