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


To: Mick Mørmøny who wrote (35626)12/17/1999 6:50:00 AM
From: Brian Malloy  Read Replies (1) | Respond to of 74651
 
Today we are going to light this candle in the words of "Stewart" of Ameritrade fame and take out $120. Shorts and put players will continue to throw in the towel as the Empire continues to extend its reach. Triple witch, grab your popcorn and strap in. Today will probably be a wild ride.

Regards,



To: Mick Mørmøny who wrote (35626)12/17/1999 1:18:00 PM
From: johnd  Respond to of 74651
 
Mick,
On 11/19 I thought MSFT could be at 113 because I felt that
75 trailing PE on a 1.51 trail EPS is target on this stock
That was the basis. Currently it is at 114 or change or in
the high end of its PE range. I expect it will stall here
for a while. We may see a bit of a pull back for a few days.
note there is a gap at 108-13/16. No shares were traded at
that price. I think this gap will be filled. So it will
likely pull-back before 12/31. We will see.
johnd