How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 496.92

0.0%

Nov 7 9:30 AM EST

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To: johnd who wrote (30727)	10/19/1999 12:51:00 AM
From: ed	Read Replies (2) of 74651

Johnd, The rule of thumb for Microsoft's stock price: 1) If the daily closed price is about twice of the 52 week low, then the stock price is fair 2) If the daily closed price is higher than twice of its 52 week low, then the stock price is ahead of itself. 3) If the daily closed price is lower than twice of its 52 week low, then the stock price is behind itself. Today, the stock closed at $88 7/8, and today's 52 week low is $49 3/16, so today's fair stock price should be around $98 3/8. You know tomorrow is the earning day, the stock price should catch up after the earning, i.e over $100 !!!!

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