How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 480.40

+0.4%

12:51 PM EST

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To: sandeep who wrote (51116)	10/13/2000 12:53:03 PM
From: John F. Dowd	Read Replies (1) of 74651

sandeep: Today's announcement of Insiders selling 13.8 million shares last month- circa 9/7-8 is probably putting a damper on the stock today. Also MSFT still has the cloud of DOJ hanging over it so people are rushing into the those stocks cut in half or more that have no such cloud. This will take patience but when the earnings and the Appeals decision come together in 2001 we will quickly be back to old all time level highs. Interesting that PSFT selling at a trailing PE of 260. This is not a perfect market. JFD

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