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


To: djia101362 who wrote (44147)5/2/2000 3:55:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
djia,
I do think we will have a solid year next year with the case in appeals court and possibly new products finally kicking in some good revenues.



To: djia101362 who wrote (44147)5/2/2000 7:13:00 PM
From: Charles Tutt  Respond to of 74651
 
Of course, it's possible that in a year's time 70 will be a 52 week high. <g>



To: djia101362 who wrote (44147)5/2/2000 8:36:00 PM
From: Bob Duncan  Respond to of 74651
 
I tend to agree with others here that Microsoft is prob. near a bottom. Mainly it is because I know many people who are buying Microsoft stock now that it is cheap. These are people that will hold this stock 10, 20, 30 years. I dont see them selling. They are not people like many of us here looking to make a quick buck on a trade, and frankly they are the kind of people I would imagine most people would love to have as shareholders. So, I believe the combination of new buyers finally given the chance to buy Microsoft at a "cheap" price, employees happy because of recently repriced stock options, and insiders dedicated to getting past all of the legal issues all prob. bodes well for MSFT.

Long term, I am not worried. The inner circle Gates has put together is a force. Granted I think they overestimated what would happen to them in this case, I think (as Barrons hinted at) the recent Q warnings of slower growth is more of a case of trying to not appear as unstoppable force rather than grim news. Windows 2000 is being adopted as expected, I know first hand several clients dumping a ton of money in to rollouts this Q and that can only help the bottom line. Additionally, I am very impressed with SQL 2000. Good luck to all here, long or short.