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Technology Stocks : How high will Microsoft fly?
MSFT 500.24-1.3%2:48 PM EST

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To: Ann Corrigan who wrote (5149)2/17/1998 5:43:00 PM
From: freeus  Read Replies (1) of 74651
 
Ann, a few days and a few points dont matter much. Look at the long term picture. When I first looked at Microsoft in Dec of 1996 it had just split and was 76. I thought long and hard and bought intel instead. Intel is a fine company but it has been deep in the doldrums, while had I bought msft instead I would have doubled my money in a little over a year. And in a fine strong company!!!!! So I would say just go for it. It may go up or down a few points but over the month after the split it will go sharply up as people who like to buy in lots of 100 but could not afford it at 150 + decide to buy in.
Freeus
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