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


To: taxman who wrote (30510)10/7/1999 9:44:00 PM
From: t2  Respond to of 74651
 
taxman, thanks for the information you gave me earlier.



To: taxman who wrote (30510)10/8/1999 12:10:00 AM
From: t2  Read Replies (3) | Respond to of 74651
 
Does anyone see MSFT breaking out of its current range in the near future. The best i am hoping for is about 99 by around earnings. Until some big time news is made by the company, it will be difficult to pass 100. I could be wrong and it is just accumulation of short interest as the price moves up that is causing it to stall.

I do however see much higher levels around January to April time period. I guess it is good to just hold onto shares and long term options options and wait it out. That is why i am doing my trading in stocks that show more short term potential. If i was not trading or investing in other stocks (i used to go about 80% MSFT at times in the past), i would not be too happy with its current range. I have just decided to designate it as a long term core holding.

Of course, once in a while i will play some short term options on it---only when the time is right.



To: taxman who wrote (30510)10/8/1999 3:15:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
taxman, do you see any indications of this Q being a blowout
like 98 Dec. Q? I wish I don't get too surprised. What is
the implication of 26% PC unit sales growth? If MSFT
reports 5.8B -6B in rev. and 42 -45c on eps, then it will
blow everyone out.