How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.24

+0.3%

Dec 16 3:59 PM EST

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To: werefrog who wrote (44126)	5/2/2000 1:59:00 PM
From: Jacob Snyder	Read Replies (1) of 74651

I haven't sold. I'm picking up a longterm position in increments. I'll think about selling some when the stock is in the 90s, if the suit isn't settled yet, and there is still a lot of market/sector/company uncertainty. If those uncertainties are resolved, I'll hold till the trailing PE hits 80. Or forever. My track record on picking stocks and buy-in points is excellent, and I post when I buy, so I can't exaggerate. My track record on selling is poor. For the last couple of years, everything I sell has doubled over the following year. Either my selling strategy is flawed (most likely), or the market is insane (pushing INTC, AMAT, CSCO way above rational prices).

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