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

To: johnd who wrote (35870)	12/30/1999 12:24:00 PM
From: Brian Malloy	Respond to of 74651

Yes, the NAZ should probably sell off, I hope it does and takes a little breather but...Sorry to pop your disbelief about money on the sidelines, but it is true. Cash levels on the sidelines have never been so high. Over the last two months for every dollar comming into the market fueling this great rise, two have been going into money market equivalents. When this money is unleashed it is not going into bonds. FWIW

To: johnd who wrote (35870)	12/30/1999 12:49:00 PM
From: craig crawford	Read Replies (1) \| Respond to of 74651

Nasdaq hi flyers can correct for all I care. The only thing that will spoil my January is MSFT dropping like 10 or 15 points on January 3rd. Not likely!

To: johnd who wrote (35870)	12/31/1999 5:03:00 PM
From: johnd	Respond to of 74651

Well, it is official. 116.75 for 1999 close. MSFT went up from 70 to 116.75 or up about 65% for the year. It didn't reach the 130 or 150 some of us thought it might. Also it closed a bit above the range PW and I thought. Overall a great year. For 2000, I expect the stock to hit 200 sometime towards the tail end of the year. I think MSFT could hit 130 by end of Jan 2000; 160 by July and stock split in 3Q, 200 ( or 100 after split) in Nov/Dec of 2000. FY2000: 2.00 EPS FY2001: 3.30 EPS Again stock will hit 200 by end of 2000 and 300 - 350 by end of 2001. Happy new year and new millenium to all. The market has been good to most of us this year. Hope it remains so in the years to come. Best wishes everyone johnd