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


To: Yaacov who wrote (34499)11/20/1999 3:53:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
Yaacov, where can I get the CSFB piece thst says 120 on the
stock by the end of November?. 95 on Monday at open is
possible and if thatr happens 100 - 100 by Friday is not
unthinkalble. The stock currently is at 55 trailing and
is the lowest of the year. It could easily get to 80 PE in
the current market environment. So 120 is doable.

Monday will be one great day for longs.
How does a buy at market strategy would work out?



To: Yaacov who wrote (34499)11/20/1999 6:30:00 PM
From: ed  Respond to of 74651
 
With the very negative FOF from the judge two weeks ago, Microsoft did not fall apart because of the earning and the big new product cycle starting from next year. That is the earning and future big product cycle which will lead to better earning and revenues is now in balance with the bad impact of FOF, which hold the stock price. If, I say if, the cloud of the DOJ suit can be removed from the sky,
thinking about all these positive factors about the earnings and new products, Microsoft should be around $130 at this time of the year, and that can happen in a couple of days.