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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: techtonicbull who wrote (41683)4/10/2000 12:23:00 PM
From: johnd  Read Replies (2) of 74651
 
There is only one primary reason you buy a stock. To make profits. Chance of maximum profits in a year is unprecedently high on MSFT now with the 48 PE valuation.

I will be very surprised to see if the stock held here for too long. Stock could be at 66 (63 - 70 range) PE at earnings. There is a likely 20+ point upside.
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