How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.69

+1.1%

Dec 11 3:59 PM EST

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To: PMS Witch who wrote (35679)	12/18/1999 6:07:00 PM
From: johnd	Read Replies (2) of 74651

PW,Toni,CT,others: It will be interesting, in the short term the momentum has to fight following factors, don't know if the factors will be +ve or -ve. (a) Tuesdays Fed decision, bias (b) Y2K transition on 12/31/99 (c) Tax selling, week of 12/27 (d) First week's net tax scare [I don't know if you guys remember the Perkins brother article on markets in Jan] Also, now that MSFT has shot up sharply, where are (a) David Readerman, who said MSFT is worth only $65 (in a Barron's artcile in late November. (b) Bill Parish: Who said MSFT is actually reporting loss and should be worth a lot less (c) Someone else otherday who wrote a book on how MSFT's PE will decline to 30ish as growth will slow. (d) Several "pundiths" who said 60 PE on the stock was exhorbitant etc... Where are they?

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