How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

Nov 28 12:59 PM EST

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To: Ibexx who wrote (64)	7/21/1996 2:49:00 PM
From: Valley Girl	of 74651

Sorry, the crystal ball is only good for a hazy look at the long- term future. You might just as well forget trying to predict daily moves in a stock's price, it was proven to be a "random walk" decades ago. I do think, however, that you've got the sign wrong on your coupling coefficient. The entire market is in an intermediate down-trend which will send SUNW to the high 40s (or worse). You can lop 10-15% off the price of any stock on the Nasdaq and stand a decent chance of seeing that price in a few weeks. If you're bullish on SUNW, as I am, you have to hope that the market shakes off the current silliness and starts moving up again. The only thing staving off a collapse right now is hope that MSFT will beat expectations. Even if MSFT does, you might still only get a small, temporary lift. An MSFT blow-out, however, could finally be enough good news to end the down- trend and resume pre-correction valuation patterns. I've posted my take on SUNW in the "Sun Microsystems" thread, 'cause it doesn't belong here.

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