How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 423.31

-1.6%

Feb 2 3:59 PM EST

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To: Sonki who wrote (3852)	10/28/1997 6:44:00 PM
From: X-Ray Man	Read Replies (2) of 74651

I agree with Sonki, that likely MSFT will buy anytime the stock heads below 130. That has been part of my basis for why I felt MSFT will continue to trade in the 130s until the end of the year: valuation doesn't justify sustained trading above 140 and MSFT purchasing will set the lower end. Other than the correction glich, still trading in that range. Hence, I wouldn't want to speculate either way right now with options nor do I feel a need to add to position for long term investment in MSFT, although if you are really missing it in your portfolio, no reason not to pick it up on the dips. JMO.

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