How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: johnd who wrote (14851)	1/21/1999 12:15:00 PM
From: johnd	Read Replies (2) of 74651

Hey folks, even though I missed the opportunity of the last 10 point run, I am doing quite great. It is plain cash. A little boring. What the heck. It is just that I had 90% of all of my networth in one stock. Wouldn't you be conservative if you had the same situation? I could be upset about the opportunity loss. But life could be a lot worse. I will be back in when the time is right. I too expect 200 easily by 12 months. I am reworking my positions and accounts. Will get back slowly during the next 1 -2 months. I am strong follower of Buy and Hold. But I had no diversification and too much exposure to one stock. It is my hard earned money remember. It is not meant for gambling. When I feel the risk is high, I need to reposition. No one can do 200% a year every year for 20 years by investing in stocks. I love MSFT for long term. I do see the stock coming down in the short term. Sorry but that is the way I see it. Being in cash, I am all smiles. johnd

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