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


To: Bill Fischofer who wrote (61818)10/21/2001 12:18:47 PM
From: Timetobuy  Respond to of 74651
 
Yes, I was looking at 98 prices. Thank you for that correction.

Msft was trading for over 13.5 at earnings in July 95 and fell to about 10 after it's release. In December of 1995 it could be bought for under 10 and after that it finally rose. It took until April 1996 to finally get back to where it was on the Win 95 hype investors bought into with the July 95 earnings release.

Of course this is what brings rallies. Maybe that is why msft didn't raise guidance and is saying that pc sales will be flat to down. They just want to fool us into thinking it will be bad and then rise to new highs in January!

I think I'll go to the Sting concert though. Should be a nice concert.