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 (14901)	1/21/1999 1:31:00 PM
From: johnd	Read Replies (4) of 74651

I spoke to a microsoft employee and he said the Y2k risk is real. He said company is normally conservative. But for good reasons. He sees the worst case risk that there could be total capital spending freeze in 2H of 99 which will hurt MSFT as office sales won't help. He also said, the other concern is that Windows 2000 (NT5) may not generate significant revenues in next fiscal year. Despite all these short term issues. The stock is solid long term buy/hold. Anyone see that the internet bubble has started to burst. Look at YHOO AMAN, EBAY. All down 50% from peak. Is this the beginning of a major NASDAQ sell-off. If you get MSFT below 150, I think it is a good buy.

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