How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.69

+1.1%

3:59 PM EST

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To: OLDTRADER who wrote (44082)	5/1/2000 9:39:00 PM
From: rudedog	Read Replies (1) of 74651

bill - I also have not sold any MSFT, and am sitting on a big LEAP position as well. I didn't think it would sink this low... I have gotten killed on short term option positions so now just doing '01 and '02 LEAPs. I believe that once the uncertainty about this segment of the trial is past, and given the "robust" forecasts from the PC makers, especially around Win2K sales in second half, that the stock will come back to a new high, so a likely double from here by year end. I know you are not a short term player, so if I was in your shoes I might even add here, it's like being in a time machine with the ability to go back to December of 1998 and buy. No question that the stock will come back, but it could drop some more near term when Judge Jackson puts out his ruling. I sure would not sell...

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