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

To: johnd who wrote (38588)	2/26/2000 12:09:00 PM
From: tonyt	Respond to of 74651

<<Under normal times, MSFT would have been around 112 right now or about 70 trailing PE. Only thing that is holding it down is DOJ case. But I think it provides a good buy opportunity. But for DOJ case, one wouldn't get it at this level you know.>> Well, the CFO's less-than-enthusiastic projection isn't helping. Neither is Paul Allen's selling (although a small % of his holdings, why should he sell at all at these levels?) It's also looking like Gates stepping down as CEO may not have been the best stratagy at this time. And if the exedous from big-cap's to small caps spreads to the big cap techs, MSFT could be below 90 next week.