How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 501.08

+0.8%

9:38 AM EST

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To: John F. Dowd who wrote (43040)	4/24/2000 9:24:00 AM
From: techtonicbull	Read Replies (1) of 74651

John Dowd: This is a very rare occurrance that MSFT has had a quarter that missed estimates as well as guided the street lower in future earnings. They reported that it is their business software that will not live up to their expectations. 12 month estimates for MSFT stock have been lowered to $85 per share, but it will take a wild ride to get back to that point IMO. I feel bad for the longs here and hope that you are not on margin.

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