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


To: sandeep who wrote (51116)10/13/2000 12:53:03 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
sandeep: Today's announcement of Insiders selling 13.8 million shares last month- circa 9/7-8 is probably putting a damper on the stock today. Also MSFT still has the cloud of DOJ hanging over it so people are rushing into the those stocks cut in half or more that have no such cloud. This will take patience but when the earnings and the Appeals decision come together in 2001 we will quickly be back to old all time level highs. Interesting that PSFT selling at a trailing PE of 260. This is not a perfect market. JFD