How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 487.71

-0.1%

Dec 26 9:30 AM EST

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To: ed who wrote (35969)	1/3/2000 8:04:00 PM
From: johnd	Read Replies (2) of 74651

Ed, it is the stock market. Anything is possible. But the reasons you state are not enough to carry the stock to 400 in 2000. Remember your forecast is always too rosy, like 150 target for msft by now. It hit 119 or so. But 30 points short of the 150 target. To get to 400 we need about 5.50 in earnings. We won't have that much until year 2002. So I could see how msft will be at 400 by Jan 2003 and not by Jan 2001. I think you are off by about 2 years.

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