How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

3:59 PM EST

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To: Warren Gates who wrote (3560)	10/20/1997 5:20:00 PM
From: vinod Khurana	of 74651

I'm looking for MSFT to trade in the $115 - $120 very soon now that earnings are out and the DOJ is hot on their heels. MSFT no doubt has the potential to go upto $160 but I believe it will be at least 12 - 18 months before we see that happening. I know that everybody (including people here I work with) find it hard to believe that MSFT will trade in the $115 range but that is the beauty of this game....the majority think it has only one way to go (like those on the INTC thread) and that is up. The market says that when the majority are in the bullish camp....SELL !! Market sentiment among retail investors is over 90% according to the latest survey and that is higly bearish. The institutions have already factored in the good news into this stock price. If anything, IBM is the place to be. $115 we will see very shortly. V.K

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