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


To: djia101362 who wrote (38562)2/25/2000 3:25:00 PM
From: Captain Jack  Read Replies (2) | Respond to of 74651
 
djia-- Trying to figure out how you can believe msft cannot get much worse. It is sinking by the day during a period of a new release which should have it running. So we are taking a hit on the price and another loss of increases due to W2K. At this point in time fundamentals are a prime inportance as the Inut run will not continue forever as I have said for over a year (but thankfully play a bit). Fundamentals are great and the price drops while the price of the others you mention run,,, and when they fall msft will be taken down too, The nas is running without msft but msft will notice the correction when it comes.
I too want to see a settlement. Too many egos involved to see that happen IMO. Jackson has his mind made up and Gates/Ballemer do also..
I would hate to see and see that happen the next day also but believe the pop will not be over 8 - 10 % then continue slowly. There are many with lower sell targets today than they had last month.
You speak of the astronomical P/Es of the others--- well they should be helping msft instead of making msft a laggard with little hope of a quick recovery. Should the NAS correction come -- msft will go down and will have have a difficult time recovering,, it is developing a rep of a dead money issue or a stock that does not move with the mkt... ST outlook bleak-- LT is great IF the nas continues which we know will not happen,, actually it has been labeled as the big tech loser of 2000 already by some...