How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 484.79

-0.3%

3:59 PM EST

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To: Brian Malloy who wrote (4649)	1/16/1998 4:47:00 PM
From: johnd	Read Replies (2) of 74651

157 soon. As said in one of my earlier postings, I expect MSFT to report .82 - .85 or $3.15 EPS for last 12 months and the stock to surge pack to the 50PE level or 157 level soon after Q3 EPS release. I think the DOJ negative news and resulting PE correciton is a good buying opportunity. I expect Microsoft to announce (with the Q3 report) that they have bought back at least a Billion dolalrs worth of their own stock in the last quarter. My 12 month target is 180 - 200 and a split after summer this year. johnd

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