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

To: johnd who wrote (41686)4/10/2000 5:41:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 74651
 
<<"Stock could be at 66 (63 - 70 range) PE at
earnings. There is a likely 20+ point upside.">> and could drop another 9 too,,, Between the general mkt and the DoJ msft will not move much until both are more stable...



To: johnd who wrote (41686)4/11/2000 10:23:00 AM
From: SunSpot  Read Replies (2) | Respond to of 74651
 
You are so right. I think the problem is, that most potential buyers think that the stock will stay on this level for some time to come, and will therefore not buy MSFT stocks before they suspect a reason for it to rise.

The stock has lost its reputation for growing, and with a PE larger than 25, it really needs a reputation for growing when people say that it will grow.


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