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 9:30 AM EST

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To: Bearded One who wrote (4515)	12/26/1997 6:12:00 PM
From: Sonki	Read Replies (1) of 74651

B1, MSFT did not drible down to 105 or evn 110 as expected on closing of dec. 24 below 120. Question is why did it not move down? Infact, it moved up in after market. I am long and short msft with a straddle. Amazingly, i have made money for the first time on short side and i have not covered my short yet. I am hoping for msft to go down more so I can go much longer. i m trying hard to understand ur logic and i read it over and over again but does not make sense. according to your formula all stocks should trade at a fixed formula. stock does not trade only based on earning but future earning growth. and incase of msft, it's hard to figure out what that will be. cable, webtv and all new buisnesses they will go into. it's not just NT. if any one is not long msft this is a life time oppurtunity to go long.

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