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

To: cheryl williamson who wrote (34339)	11/19/1999 3:06:00 PM
From: djia101362	Read Replies (1) \| Respond to of 74651

Puke Theory...I think we've all heard of the Puke Theory. When a stock makes you so sick that you feel like puking, like msft is now, that is the time to buy. I am a believer of the theory and I practice what I preach, bought more good ole softee today. The average big cap tech stock has a P/E fast approaching 100 these days. Softee's P/E is only about 55 right now, low from a historical standpoint and solely due to DOJ. Although the outcome of the trial will not be determined for years to come unless there is a settlement, investor sentiment will change and Softee's stock price will go up. I would not be surprised to see MSFT make a run at $100 by year end. I expect MSFT be trading at a P/E of about 75-100 in the next 12 months regardless of where the trial stands. Call me crazy but that's JMHO. I think W2K is going to be much bigger than anyone aniticipated. I know it's certainly going to be bigger than I expected. Good luck to all longs, thank you shorts and msft haters for providing entertainment on this board the past few weeks. Shorts/Bashers are the kind of people that "hit you when you're down". They never want to take you on up and up and at full strength. MSFT will have the last laugh, maybe not today or tomorrow but you can be sure MSFT will. Rembember folks, it's never too late to buy MSFT!!!!