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

To: Sonki who wrote (26391)	7/16/1999 4:18:00 PM
From: johnd	Read Replies (1) \| Respond to of 74651

SFD, Teflon, Sonki: THere was too much selling pressure to prevent to get over 100 today. So I am hoping for a push through 100 on Monday. The stock is still cheap at 68 trailing PE if I base off of my 1.45 for FY99. I expect a run to 73 PE or about 108 before easing

To: Sonki who wrote (26391)	7/16/1999 4:26:00 PM
From: Frank Ellis Morris	Read Replies (2) \| Respond to of 74651

Good Afternoon Sonki, It was a tremendous day for Microsoft and on top of the already good news, Microsoft was cleared on Antitrust charges from a suit brought against it from Connecticut. The news was announced just 15 minutes before the close. Friday July 16 3:42 PM ET Microsoft Cleared Of Antitrust Violation By Matthew Lewis BRIDGEPORT, Conn. (Reuters) - A federal jury in Connecticut Friday found that Microsoft Corp. (Nasdaq:MSFT - news) did not violate U.S. antitrust law in a suit brought by a small Connecticut software company. While the eight-member jury found the world's leading software company liable for violating Connecticut business laws, it awarded nominal damages of only $1 to the plaintiff, Bristol Technology Inc. ''We are very pleased with the decision,'' Microsoft spokesman Tom Pilla told Reuters. ''This is a victory for the entire software industry, in upholding the fundamental right of protecting your intellectual property.'' YIPPEEEEEEEEEEEEEEEEE!!!!!!!!!! The jerks got what they deserved although the $1 award may have been a little generous. Go Microsoft!!!!!!! Frank