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


To: Jacob Snyder who wrote (42180)4/15/2000 5:11:00 PM
From: werefrog  Read Replies (3) | Respond to of 74651
 
"Actually, a Growth-at-a-reasonable-price investor."

Jacob, you're thinking too much, don't blow a fuse. I can make it much simpler, when the fed says they are going to raise interest rates, sell all your long term holdings. When they say they are going to cut interest rates, load up.
I remember the Asian Crisis, the market was acting like the present one, I was monitoring the market one day and it was down 280 points or so, when the fed announced a cut in rates at 1:15 pm, the market turned on a dime a closed positive for the day and kept going up for several months. MSFT reached a low that day of 87 1/2 and closed over 95. Anyone buying now will not get such a turn around and as you say things could get worse before they get better. JH



To: Jacob Snyder who wrote (42180)4/15/2000 5:36:00 PM
From: taxman  Read Replies (2) | Respond to of 74651
 
"longterm EPS increases will be about...35"

2000 projected growth only 22 and 2001 14 per first call. when will microsoft see 35 per cent growth?

regards



To: Jacob Snyder who wrote (42180)4/16/2000 12:19:00 PM
From: Valley Girl  Read Replies (1) | Respond to of 74651
 
MSFT was a buy in 1996, I added shares then. The P/E was as low as 25, it doesn't get better. I'm glad you're patient, but even if MSFT drops to 38 it will still be more than double its price in 1996, a decent 4-year return by the standards of most long-term investors. If you sold today it's a 4-bagger, before the sell-off a 6-bagger. Any way you cut it you've missed out making money in this stock.