How high will Microsoft fly? Message Board

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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: Sir Francis Drake who wrote (21807)	4/28/1999 7:27:00 PM
From: djia101362	Read Replies (2) of 74651

sir francis- i'm not sure how long you've been following msft but the current correction in msft is what i would consider ordinary. if you look at msft's trading pattern after last quarter's earnings, msft hit a high of about 175 only to pull back to about 144 in the weeks to follow. that's a correction of about 18%. we are currently about 14% off of msft's high of 95 and change. i for one was a buyer of msft today and will not lose one ounce of sleeep over the current decline in msft share price. if anything, any blip in internet stocks will benefit msft as msft has proven year after year after yeat that it can sustain growth and expand profitability. i look for msft to be near $140+ by year end. remember folks, it's never too late to buy msft!

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