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Technology Stocks : How high will Microsoft fly?
MSFT 473.99+0.4%3:59 PM EST

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To: taxman who wrote (17489)3/9/1999 9:45:00 AM
From: taxman  Read Replies (3) of 74651
 
09:23 ET Microsoft (MSFT) 159: --Update-- SG Cowen says believes stock likely to trade sideways until unit growth triggers emerge in a few quarters. Says recent survey suggests sluggish PC unit outlook
and decline in corporate N. American PC unit sales in 1999.

Microsoft Corp. (MSFT) 159 7/8 +7/8: --UPDATE-- SG Cowen downgrades software company from 'strong buy" to "buy" due to sluggish PC unit outlook; powerful business model prevent any EPS misses, but upside opportunity more limited; expects stock to trade sideways.....

Dell Computer Corp. (DELL) 45 13/16 unch: SG Cowen downgrades direct marketer of PCs and servers from 'strong buy" to "buy" due to sluggish PC unit outlook.....

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