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


To: Harry Sharp who wrote (26465)7/17/1999 11:22:00 AM
From: t2  Read Replies (2) | Respond to of 74651
 
Harry, there are some ways to time the market. Hold on to the shares and speculative just a little bit on options--on MSFT it is worth picking the start of a rally rather than to time a start of a decline. I trade the shares all the time when i am also holding options. Once i finish with options, i don't like being out of the stock even in a downturn.
The potential for this company is huge.
Remember there is also about 13 to 15 for every sharesholder just based upon its cash. Reduce the price by that much and then work out a PE.
This stock is being kept "down" by the lawsuits, otherwise it would have hit 150. That is why i feel a sentiment shift (in its ability to defend lawsuits) will really give it a boost---it will open at least 101 on MONDAY at 9:30 (mark my words) and maybe even get to 105 plus intraday.