Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: johnd who wrote (43837)	4/28/2000 8:02:00 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 74651

johnd: Looks like you have been beaten down:1. Remember MSFT always bad mouths themselves. 2. More pundits beginning to say that MSFT has a very good chance to win on Appeal. MSFT will see 200 in 12 months. W2K;SQL2000;BackOffice other initiatives in www,TV and palm cpus etc will be other surprises. JFD

To: johnd who wrote (43837)	4/28/2000 8:09:00 PM
From: ThomasG	Respond to of 74651

Re: "If it heads up that will be great. But unless Rick Sherlund comes out and says it should trade above 65-70, I won't be hopeful. He is the one (whether you like it or not) money managers listen to. He may come out after June Q report. " Jond . You shouldnt pay any attention to 'analysts'. They are essentially 'technical salespeople' for the brokerage firm. They also have completely different timescales and benchmarks than the private investor. Analysts are constantly measured either against the S&P or Nasdaq over a 3 month period. Therefore they will issue a 'sell' recommendation on a stock if they think that it will underperform over the next 3 months. In 3 months time they may well issue a 'buy' recommendation if they think the stock will outperfrom over the next 3 months (In most cases the stock has risen higher than the original price at which they issued a sell recommendation). If you are an 'investor' then your only decision is whether the stock will go higher over the next 2-3 years. AT these levels MSFT is a good long term investment. By the way , using short term covered calls is a good way to get a 'reasonable' yield over the short term whilst the stock trades sideways . I would look at the July series to sell short term calls against.