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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: johnd who wrote (48741)8/25/2000 7:02:29 PM
From: ThomasG   of 74651
 
I dont think we will see much revenue/profitability surprise during this qtr.
MSFT upside is most likely after Jan 01, by then win 2000( and associated products) sales will have had some time to start coming through and some positive news (hopefully) will be emerging from the court case appeal.
But the real potential in the future is the release of win 2000 personal in October 2001. This will be the first significant upgrade for consumer pc's since win 95. The credibility of win 2000 will have been firmly established from the business version and there will be very compelling reasons for consumers (ie all the win 95, 98 users)to ugrade because of;
- greater stability
- increasing trend to networking of home based pc's

Obvserving MSFT daily stock price movement, it can be seen that there is strong buying support at $70 so this looks like a firm bottom level. Unfortunately we have to be patient for the next 5 months, but as a firm believer in the 'fool' principles of buy and hold great companies I am quite happy to wait this one out.

When MSFT does start movung again, dont be surprised if it suddenly puts on $10-$20 in a month.
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