How high will Microsoft fly? Message Board

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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: John F. Dowd who wrote (44226)	5/3/2000 9:12:00 PM
From: t2	Read Replies (1) of 74651

JFD, Surprised MSFT went down yesterday on Mary Meeker's call. An internet analyst???? I can't believe people who recommends internet stocks saying stay away from MSFT. I guess MS's clients want to be in before she makes her bullish call. Now I am waiting for that bullish MSFT comment in the coming 1 to 3 months. It is almost a certainty, IMHO. Maybe Goldman Sachs will beat her to it. However, investors are getting more sophisticated. They are realizing that when an analyst says there is no catalyst in the near term for a stock to move up, it means a catalyst is around the corner, especially in this situation. No surprise MSFT recovered today. One would have expected it to drift lower into the mid 60s (as Meeker implied) if they really took her seriously.

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