How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 478.53

-1.0%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: t2 who wrote (14140)	1/11/1999 3:44:00 PM
From: johnd	Read Replies (3) of 74651

Ed, Tech2000: I have lot of respect for your opinions. But I would like to predict that 159 by end of this week(tech2000) and 200 by early Feb(Ed's prediction) are not going to happen. I also again disagree with Ed, Tech2000 that Split will be announced next week. A friend of mine bought Jan00 140 LEAPs back in July 98 when MSFT was at 119 and paid 32 per contract and saw it shrink to $8 when MSFT hit 88 in September. Luckily he held on and now it is at 28. He is still under loss on principal and MSFT has to reach 172 by Jan 2000 for him to breakeven on principal. Buying LEAPs is not as slam dunk as you suggest. One has to be careful about timing and valuations. johnd

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next