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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%Nov 20 3:59 PM EST

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To: John F. Dowd who wrote (20633)4/16/1999 8:57:00 PM
From: FAISAL JILANI  Read Replies (2) of 74651
 
MSFT to beat the numbers again.
I never thought that I will get another oppertunity to get more MSFT under $90. Weakness in the PC shares are draging down MSFT along with it but the reality remains that MSFT will not only beat the numbers by .03,.04 cents.
MSFT is also relasing its Office 2000 next month for which the sales have already started. But the mazing thing is that the revenues generated from its office 2000 now will be accounted in the next qtr. For those who have been trading the stock.....MSFT generated 1Billion$$ of revenues when office 97 was released in its first 3 months. We have alteast 70%-80% more PCs in this world compared to 1997. This is going to be a blockbuster for MSFT next qtr and I wouldn't be surprised if the stock reaches $160 by end of June.

As for all those concerned about falling PC prices! nobody ever said that the prices for Operating Systems or softwares are falling.
This company cease to amaze me......the action is abouyt to begin

news.com

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