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Technology Stocks : How high will Microsoft fly?
MSFT 478.52-2.8%Dec 10 3:59 PM EST

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To: johnd who wrote (1697)6/19/1997 3:04:00 PM
From: mxyztplk   of 74651
 
johnd,

Summer tends to be a slow to poor period for techs, so I am inclined to wait and watch to see if some some significant bargains arise.

The analyst's consensus figures on MSFT earnings from about a year ago are off on the low side so much, cumulatively to date and when projected ahead, that I consider them to be virtually worthless, except for the fact that they sometimes scare the market into giving us buying opportunities.

If the current pullback on MSFT had been larger, I would be buying some [I might anyway, depending on how strong the overall market appears to be]. Regardless, there are other fish ....

Best regards,
Arno
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