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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST
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To: Mick Mørmøny who wrote (35626)12/17/1999 1:18:00 PM
From: johnd   of 74651
 
Mick,
On 11/19 I thought MSFT could be at 113 because I felt that
75 trailing PE on a 1.51 trail EPS is target on this stock
That was the basis. Currently it is at 114 or change or in
the high end of its PE range. I expect it will stall here
for a while. We may see a bit of a pull back for a few days.
note there is a gap at 108-13/16. No shares were traded at
that price. I think this gap will be filled. So it will
likely pull-back before 12/31. We will see.
johnd
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