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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (6125)5/16/1999 12:50:00 PM
From: EyeDrMikeRead Replies (1) of 118717
 
Not a MSFT groupie ot TA expert, but i like MSFT for a "safe" return of 20% to 40% by year end.

MSFT current price: 76 7/8

5 year historical PE range : 22 to 83
3 year historical PE range: 39 to 83

current PE: 60.50

Downside seems limited here, nice place to start a position, to add on any further weakness, and buy on the return trip up.

Mike
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