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Technology Stocks : How high will Microsoft fly?
MSFT 486.83-1.1%3:59 PM EST

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To: Smart Investor who wrote (16239)2/17/1999 4:12:00 PM
From: limtex  Read Replies (1) of 74651
 
SI -

With Win2000 coming out, 1999 will be a blow-out year for MSFT. It can easily double from here

Sadly the earnings have nothing whatsoever to do with the stock performance. I mean its not as if MSFT just had a bad or lackluster Q. Best as I can remember MSFT just blew the street away. No the sad facts are that we arenow going through one of those periods when no-one wants tech stocks no matter how well they do and thats that!

Meantime we can lookm forward to going bakc to 1,500 NAZ at about say 90 points down a day average that should take just over a week providedthat nothing else nasty ( or in this market even not nasty) happens.

I'm beginning to get that Aug/Oct feeling again. Wish I had never heard of all this.

Regards,

L
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