How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: johnd who wrote (14487)	1/19/1999 11:54:00 AM
From: johnd	Read Replies (1) of 74651

I have sold on all accounts at 152.125, there is no tax consequence in IRA acounts. At least in my opinion valuations are not sustainable. March Q and June Q will be very slow. Analysts currently have 22% earnings growth estimates for 3Q and 4Q. Even if it is 30% earnings growth for 3Q and 4Q the stock will depress about 15 - 20% is how I feel. That is why I sold. Good luck. I will enjoy the peace of mind holding the cash.

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