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Technology Stocks : How high will Microsoft fly?
MSFT 474.95+0.6%11:17 AM EST

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To: johnd who wrote (14743)1/19/1999 8:56:00 PM
From: Sonki  Read Replies (2) of 74651
 
john, do you think msft would report lower erning Qurter ove qurter?
I doubt it. the reason it's got high pe is cuz the street expects msft to do progessively better.
If msft was going to report lower<56, .71, .63, .64 => 2.54.> then they would have managed this qurter better so as to not come in so high. So I exect the next two qurters to be at least .71 or better. Stock in june 99 should be at 71-72pe as you have noted time and again that is when you begin feeling uncomfortable.
so .56, 71, 71, 71
56+3*71=269 2.69*71 = 190.99 oh and where did u get 71 i thought msft reported 73 and is now obligated to do better.
i m not arguing about u selling. cuz no one knew how good the ernings would be and it's always wise to sell before erning if it's your trading positions.
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