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Technology Stocks : How high will Microsoft fly?
MSFT 476.080.0%Dec 17 3:59 PM EST

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To: Jill who wrote (21249)4/21/1999 8:58:00 PM
From: Maverick  Read Replies (1) of 74651
 
Briefing.com sees NT weakness as a (re)entry opportunity
Microsoft Corp. (MSFT 82 -1 1/8): one of the few tech laggards
yesterday as company delivered solid results, but failed to knock the
cover off the ball with its earnings report... Nonetheless, Briefing.com
sees NT weakness as a (re)entry opportunity as this is a great
company with tremendous management, a strong product portfolio,
and a dominant market share... Our view aside, Prudential Securities
downgraded MSFT from "accumulate" to "hold" and set a 12-month
price target of $88... Meanwhile, CSFB maintained its "strong buy"
rating and raised its FY00 EPS estimate from $1.55 to $1.60 a
share.
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