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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: Captain Jack who wrote (42910)4/21/2000 7:51:00 PM
From: johnd  Read Replies (1) of 74651
 
MSFT said it will be at least 1.88 for FY01 and they normally beat street, (even this Q). Even if they beat by 3c every Q, that would be 2.00 for FY01. Why wouldn't street pay 50 times that or 100 for a company like MSFT??????? Think. Fund managers invest for returns and low risk. The chance of a 20% drop in ORCL, SUNW, AOL, YHOO etc.. are much higher than MSFT. The upside room is a lot higher on MSFT as well. I am all long term and will be even more so. Don't care Monday / next wk, / next month. In fact I will keep nibbling as investment dollars comes in with limit orders.
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