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Technology Stocks : How high will Microsoft fly?
MSFT 487.44-0.9%3:20 PM EST

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To: ed who wrote (8974)7/6/1998 2:31:00 PM
From: Paul Shread  Read Replies (1) of 74651
 
Have you ever seen MSFT do anything other than BEAT estimates? Is any stock more synonymous with the bull market? Again, just my opinion, but considering the fact that the current 200-point Nasdaq rally began when it became clear that INTC wasn't going to warn, then what would happen if MSFT -- whom everyone expects as a matter of course to meet or exceed estimates -- were to miss? I think you'd start at 1700 and go down from there. Again, I don't think it's going to happen, but it wouldn't be pretty if it did.
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