How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

12:59 PM EST

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To: blankmind who wrote (17438)	3/8/1999 5:52:00 PM
From: t2	Read Replies (1) of 74651

Blankmind, True that it is just tracking the Nasdaq. However, the a lot of the buyers are on the sidelines waiting for the right time. Remember it was the one stock that blew away earnings estimates and reported a 74% gains compared to Dec97 quarter. I bet you that most investors remember those numbers----when it starts ramping up close to the stock split, it will move very rapidly. Watch and see. Post split, leading to earnings should also be a huge move. I think we could hit 110 post split by mid April and 175 pre-split by March 29. For the 2 or 3 trading days at the end of March it could easily move over 100 by April 1 or 2. In my opinion 110 by earnings is a conservative target and 120 is more realistic. This is the most optimistic I have been since Dec and January. Go MSFT.

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