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Technology Stocks : How high will Microsoft fly?
MSFT 480.82+0.6%3:59 PM EST

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To: Sonki who wrote (14184)1/12/1999 3:50:00 PM
From: johnd  Read Replies (3) of 74651
 
Sonki, counting on 170 by when? The earning news will be
great. 41% PC sales, weak Yen help. I expect 4.3 - 4.5B
in revenues and 65 - 67c in EPS. The stock price however
will depend on guidance and split. I expect no split and
negative guidance as 3Q will be weak. Office 2k is FCSing
in June99 and NT5 in fiscal 00 but MSFT will have to rely
heavily on old products for 3Q. SQL7, and win98 will help
a bit but not enough to do better than Dec. Q.

50-d moving average: 112
200-d moving average: 102

MSFT has hit the 50, 200day moving averages a few times
every year. I think this time (liely feb,March) it will
hit 50-d moving av and then come back up. So that is why
I expect stock to retreat to 120 - 130.

Sonki, I also had a ton of zmfah but I sold them all last
week.

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