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


To: johnd who wrote (39314)3/13/2000 6:28:00 PM
From: Bald Eagle  Respond to of 74651
 
I hope you're right, I bought back my MSFT covered calls for a nice profit this AM when the price plunged. Now, I have unlimited upside :-)



To: johnd who wrote (39314)3/13/2000 7:59:00 PM
From: Zanga56  Read Replies (1) | Respond to of 74651
 
I guessed that they would settle on March 21st, next Tuesday. If it happens after the close, then there would be time to look over the deal and imagine wednsday morning? if its' only a slap on the wrist or fines, don't do it again etc, I would say the stock opens at $120 and gyrates for a while (weeks) to the levels of a p/e of 100 (conservative given other gorila's which have higher p/e's than 100) which would give it a price of $160 to $180. All the bad has been sucked out of this stock. I only see upward movement. 3/21/00 the 1st day of Spring.