How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.57

+0.2%

2:17 PM EST

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To: rudedog who wrote (8901)	7/2/1998 5:30:00 PM
From: ToySoldier	Read Replies (2) of 74651

I dont like handing out investor strategies because different people with different risks/objectives will play the market different ways. All I will say is that the MSFT stock is likely not going to go much higher than this. You might see a spike on earnings release day because MSFT has always been good at making promotion plays to make earnings look good. But after the earnings date this stock will start a long slow slide (with ocassional spikes here and there). With the DOJ case starting in Sep. and the results of WIN98 showing less than expected sales, the triggers will begin to take hold. I would say the stock will again enter the double digits by late summer or early fall and enter back into the 80s. How you handle this prediction is your decision. You sound like me regarding trading strategy. I do not Short stocks either. I would rather speculate / day-trade. For example, if I did buy MSFT 2-3 weeks ago in the 80s I would being realizing my gain now or the day of the Earnings announcement. Just what I would do. But if you feel MSFT will continue its stock climb for the next 1-2 years then this would not be a good play. Toy

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