How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 477.19

-0.4%

Jan 12 3:59 PM EST

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To: john defreitas who wrote (3070)	9/15/1997 2:10:00 PM
From: vinod Khurana	of 74651

Hello John, the Barrons article may be a sham BUT...it caught the attention of many on Wall Street. MSFT P/E trading at 43+ and the CFO making such comments for the ntire world to see had to have an affect. Keep in mind that Barrons is sold all over the world and the web site is accessable in every corner of the world. Couple this with the announcement from Goldmans that Windows 98 will be delayed and you have the selloff. I don't think it will stop here. Tommorrow, it will probably fall another couple of dollars and into the high 120's. Look at what happened to Motorola last week. Down $10 in a single day or a loss of over 12%. MSFT is not immune at such lofty levels. A 10% loss represents about $14 from recent close. That implies a fall to at about $128 if not lower. Perhaps we will see that later in the day. V.K

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