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Technology Stocks : How high will Microsoft fly?
MSFT 490.06+0.7%Dec 2 3:59 PM EST

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To: Teflon who wrote (18410)3/21/1999 10:51:00 AM
From: t2  Read Replies (1) of 74651
 
Teflon, 190 by end of week could happen if DOW closes up at 10,050 for the week. The day it closes above 10k, MSFT should be over 180.
If the Dow keeps rising to 10k only to drop on each try, MSFT should still almost hit 180 as the gains will more than the losses---example of this was Friday's trading.

Another point i would make is the bad news in the PC sector already appears to be factored into the prices for a lot of the PC stocks. There is less chance of downside surprises---even IBM does not rely too much on PC sales---only CPQ is the short term worry. The damage to MSFT would be minor if that was to actually happen (ie CPQ warning). If the downgrades or earnings warnings are to happen, it would be nice to get them on Monday.----No. Maybe the earnings warnings late in the week would be good as I can unload my April calls by then.
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