How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.06

+0.5%

Dec 19 3:59 PM EST

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To: Bill Holtzman who wrote (39678)	3/23/2000 3:48:00 PM
From: johnd	Read Replies (1) of 74651

Bill, don't get me wrong. Old high could be tested. I think 120 - 130 by end of April is definitely a possibility with settlement. 130 would put it at the high end of valuation of 80 PE based on current trailing EPS. So that is not out of the question but may ba a little bit hard till earnings comeout. I believe the stock will hit 120 - 130 in late April, may recede to 110 - 120 range in May and climb to 140 - 150 in summer.

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