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

To: johnd who wrote (49538)	9/18/2000 5:40:31 PM
From: johnd	Read Replies (3) \| Respond to of 74651

Microsoft will soon increase estimate for this Q, and FY01. This is my guess based on executives bullish comments - from Balmer, Connors and Ayala. Even just 1 penny increase in outlook for this Q is enough to send the stock higher as the street looks for a early bullish signal. The trailing PE will be back up to the 60 level = But we feel very good about going forward," Connors said. Read My lipps, this stock is going to move up to 120 pretty soon. 1) On July 27th, at analyst meeting, Balmer said he was very Bullish on business and growth going forward 2) Two weeks ago Orlando Ayala said 30% growth soon. 3) Today Connors said "we feel very good about going forward" OK, this is enough evidence for me.