How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.06

+0.5%

3:59 PM EST

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To: Paul Fiondella who wrote (4860)	2/3/1998 4:40:00 PM
From: Chris Burklund	Read Replies (1) of 74651

<Are we seeing a buy at the top phenomena by people not already into owning the stock? Or are people really adding to their positions?> The answer I think is both. I just purchased at 154. I see the stock going to 185 within 6 months relative to the 2 for 1 split (mid 90s). For me, I have always owned MSFT for the long term. The up and coming split represents the 5th split of the stock since I began buying it. I have only sold shares once. This December I sold a 1,000 shares at 130 (to buy a private plane for my wife and I to play with). I see no reason why the stock should not reach the 185 level by August even with Asian markets in trouble, the DOJ's idiotic efforts, and Microsoft's internal delays in their product releases. The company just has so much going right for it that it will take something more like a market crash or a major economic crises to knock it off it's track. Chris

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