How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

3:59 PM EST

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To: ed who wrote (20244)	4/11/1999 2:51:00 PM
From: John F. Dowd	Read Replies (2) of 74651

INTC is going to help MSFT to grow and vice versa - symbiotic. If Forbes gets elected there will be no taxing of capital and savings. Go Forbes! My return form INTC has been great I bought it in 1992 and 7 years later it is worth more than 8x when I went in. I remember back in '92 every said it should be priced like a cyclical (somewhere around 13x) To enhance my return I thought I would play it smart and sell some way out of the money leaps. As Craemer says -Wrong! The stock immediately doubled and I was scrambling to repurchase those calls. I'll never doubt this premier company again. They are the crown jewel of American industry! JFD

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