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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: Nancy who wrote (53758)12/3/2000 10:15:56 PM
From: johnd  Read Replies (1) of 74651
 
Nancy, MSFT is seeing massive corporate adoption of windows 2000. Lot of companies budgeted to upgrade for December (end of the year) month and it is going to happen this month.

Also, MSFT is seeing 60% growth in consumer commerce such as MSN, and 25 - 30% growth in server software - 4B. The only portion that is a bit soft is the consumer desktop, there too, laptops are strong, CPQ, HP are strong. Gateway is the only one that has execution problem. But they don't have much presense in laptops. So they are not playing with the trend.

I look for MSFT to rally to 85 -90 by end of December as elections resolve and foreign, 401k funds start pouring in.

CPQ, MSFT are buying their own stock in billions.
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