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


To: John F. Dowd who wrote (46174)6/7/2000 7:00:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
JFD, Glad to be a shareholder again. This time planning to hold on for a long time and not just for a trade.

Have been buying in the low to high 60s and plan to keep the shares. It is a great core holding with its current valuation. It's value was evident as it went up yesterday while the Nasdaq tanked.

If EPS is a concern, just wait until the share buybacks begin in July. That will be a big deal, IMHO. With a PE around 40, share buybacks will have a great positive effect on the stock price.

Some analyst could hit the stock tomorrow (Sherlund) but I doubt many will listen to him this time.