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Technology Stocks : How high will Microsoft fly?
MSFT 488.02+0.2%Dec 24 9:30 AM EST

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To: KeepItSimple who wrote (36048)1/5/2000 6:53:00 PM
From: johnd  Read Replies (1) of 74651
 
Keep it simple: May be "Pump & dump". But last year in
Jan, after earnings, whole bunch of brokerages reiterated
strong buy and set 1 year price target of 200 (post-split
100). That pushed the stock form 150 at earnings to 195
in Feb.

Last year the brokerages were right, the stock closed well
above their 100 split adjusted target. It closed year end
at 116.75 and currently at 114 or so. So that was a good
call.

This year I see targets of 145, 135, etc.. Acampora of
Prudential thinks MSFT will double this year OR 230???
WOW!!!!
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