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


To: Catcher who wrote (30535)10/10/1999 8:33:00 PM
From: taxman  Respond to of 74651
 
"remember such a lengthy sideways"


yes--30 (split adjusted) in april 1997; 30 in december 1997.

45 in february 1998; 45 in october 1998. it has more than doubled since then.

regards

quote.com



To: Catcher who wrote (30535)10/11/1999 10:54:00 AM
From: PMS Witch  Read Replies (2) | Respond to of 74651
 
Sideways trading with MSFT ...

The longest 'dry spell' since I've owned the stock was from Nov 92 to May 94. Split adjusted, it traded at $5.75 or lower. (The bottom was at $4.5) If people are discouraged today, imagine what was being said then. Also imagine how those who bought and held then feel today.

Cheers, PW.

P.S. Some days you're the windshield, other days you're the bug.

P.P.S. Thank-you for asking the question. Providing this answer helped me maintain my focus on the broader picture.

P.P.P.S. Although I didn't have much exposure to MSFT before the 1990s, The Commander did, and the stock didn't perform nearly as well in the early days as it has done for this last decade. However, it DID perform better than the other stocks in his portfolio. These were the pre-windows and pre-office days when the cash-cow was DOS, Word, games, and languages. The big boost came in May 90 when Windows 3.0 was released, and was a big hit.



To: Catcher who wrote (30535)10/11/1999 4:19:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 74651
 
anyone remember such a
lengthy sideways move in years past?


Looking at a 5-yr chart (http://quote.yahoo.com/q?s=MSFT&d=5y), it would appear that MSFT had four-to-six-month-long sideways moves in four of the last five years. This same chart, or an even longer one (http://quote.yahoo.com/q?s=MSFT&d=my) where even longer flat periods are seen, show that you shouldn't sweat it.