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


To: Brian Malloy who wrote (4649)1/16/1998 2:05:00 PM
From: Jim Lamb  Read Replies (1) | Respond to of 74651
 
Real time quotes free fyi
pan.digitrade.com



To: Brian Malloy who wrote (4649)1/16/1998 4:47:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
157 soon.

As said in one of my earlier postings, I expect MSFT to report
.82 - .85 or $3.15 EPS for last 12 months and the stock to surge
pack to the 50PE level or 157 level soon after Q3 EPS release.

I think the DOJ negative news and resulting PE correciton is a
good buying opportunity. I expect Microsoft to announce (with the
Q3 report) that they have bought back at least a Billion dolalrs
worth of their own stock in the last quarter.

My 12 month target is 180 - 200 and a split after summer this year.
johnd