How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.60

-0.4%

1:04 PM EST

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To: Timetobuy who wrote (61954)	10/22/2001 1:38:28 PM
From: David Howe	Read Replies (1) of 74651

Ok, I suspect we've beaten this to death and then some. I get your point, and maybe you get mine to a certain extent. It's mostly irrelevant anyway. The direction of this stock is about 95% based on the direction of the overall stock market (bear or bull) and/or the direction of the economy (further slide into a deep recession or recovery in the fairly near future). Those factors will drive the price of MSFT. It's highly likely that MSFT is fairly valued at this time given everything that the market knows about its business. What happens to the economy and overall investor sentiment will be the real driver going forward. I gotta get some work done. Bye. Dave

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