How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.90

-1.0%

2:16 PM EST

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To: Stephen O who wrote (48078)	7/20/2000 6:17:26 PM
From: David Howe	Read Replies (1) of 74651

When did he downgrade to 'avoid'? When MSFT was at $62? This guys not playing with a full deck, either that or his wallet is a little fatter right now (IMO). This type of call is what I look for at or around the bottom of a correction in a stock. Very possibly someone has asked him to throw some fuel on the selling pressure so they can take a position or increase their position in MSFT at a lower price. MSFT with a forward PE of around 50 is a bargain when compared to other similar companies. In my opinion. Dave

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