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Technology Stocks : How high will Microsoft fly?
MSFT 473.99+0.4%3:59 PM EST

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To: johnd who wrote (42189)4/15/2000 5:45:00 PM
From: johnd  Read Replies (1) of 74651
 
MSFT is where it is because it couldn't buyback after visio. Dec. Q they bought 40 million stock at around 89. They also have lot of put strikes open from 75 to 85 or so. I believe MSFT will buyback soon, may be this week or as soon as they can.

BTW, I read a demographics vs. dow article in Fortune or Biz week about 2-3 weeks ago, that said, DOw should beat 40000+ by 2008. I believe that. I think we will benefit keeping the long view and taking short term actions based on long view.
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