How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 488.02

+0.2%

Dec 24 12:59 PM EST

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To: johnd who wrote (55221)	1/15/2001 4:44:55 PM
From: johnd	Read Replies (1) of 74651

Going up or down, don't fight Balmer and Greenspan. that is the lesson people should learn. In 99, Balmer said the stock was a bit overvalued and he was correct. Greenspan was in a tightening bias that lead to market dives a few months later. Now, few months ago, Balmer implied MSFT was fairly valued when it was at 72 then. Greenspan has switched to monetary easing policy. If we don't move with these guys and don't remain bullish with these two trends, we may look back and say we learned the lesson again!! MSFT may be getting ready for stock to get back to 120+ and do an overdue stock split.

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