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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: Tom Kearney who wrote (9426)7/18/1998 1:06:00 AM
From: Jack T. Pearson  Read Replies (1) of 74651
 
Tom,
I expect that next year will be a blockbuster for two reasons: New products and big budgets for new hardware and software to alleviate fears about Y2000 problems. I have seen estimates for a 30% boost in sales for Europe. I haven't seen any estimates for the US. That plus declining interest rates and rapidly rising two-income, empty-nester baby-boomer investment make me very optimistic. As for the small black cloud on the horizon, Japan, I think the Japanese will soon recognize their financial crisis in terms of their economic decline relative to China--then they will fix their problem.
Jack
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