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Technology Stocks : How high will Microsoft fly?
MSFT 486.98-1.4%Nov 19 3:59 PM EST

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To: Frank Ellis Morris who wrote (13484)12/23/1998 9:38:00 PM
From: Bill Holtzman  Read Replies (1) of 74651
 
Frank, Microsoft historically has downplayed enthusiasm for it's stock continuously. Both Maffei and the guy before him always were warning about revenue slowdowns and slower growth in earnings. That is why I was dumbstruck by their most recent earnings announcement which included unprecedented notes of optimism and suggestions of higher than expected earnings to come.

They never do that!!!

This is why I am not surprised to see the stock run like it has.

Bill
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