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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: Srini who wrote (19642)4/3/1999 7:46:00 PM
From: Roger  Read Replies (1) of 74651
 
ANyone hazard a guess what MSFT will be by earnings? If history is any guide, then any stock at 90 tends to go to 100. Having said that, I think MSFT will in earnest begin its earnings runup in a few days. Earnings are due Apr 21? I was perusing its past action prior to earnings - and think a run to 110 may not be out of question. Would like all the knowledgeable folks on this thread's opinion please.

My rationale for buying and holding this (and other) stocks is simply anything that is the leader in its category and is growing earnings quarter over quarter. And MSFT satisfies both handsomely.

Looking down the road, there are several positives potentially - Win 2000, a possible settlement with Justice, and MSFTs foray into the Internet big time.

TIA
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