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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: johnd who wrote (25368)7/1/1999 12:25:00 PM
From: Stormweaver  Read Replies (1) | Respond to of 74651
 
For those who haven't see it. Lehman's Applegate has a 12 month price target of 130 for MSFT:

thestreet.com

I think that's a conservative estimate ;)

/James



To: johnd who wrote (25368)7/1/1999 1:28:00 PM
From: t2  Read Replies (2) | Respond to of 74651
 
Incidentally, today or tomorrow we may get to 95

Johnd, I would guess tomorrow. If that employment report is good, lookout!! We will see a bigger rally than we saw yesterday. Notice even in the face of bond yields rising, the stock market is still going up. 95 with 2 weeks to expiration of options would be great.
I might finally add some 95s (july) today if i see 89 today.



To: johnd who wrote (25368)7/1/1999 2:24:00 PM
From: Teflon  Respond to of 74651
 
jd, I am very positive on MSFT's outlook as we move forward. Lehman Bro's would not have included them on the list if they did not have a very *good feeling* about MSFT's earnings this Q and also Q1 and Q2 2000.

I would prefer it if the stock would continue to consolidate at these levels, I'm just not sure if that will happen. It wants to move higher.

Teflon