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

To: Reginald Middleton who wrote (5049)	2/7/1998 1:40:00 PM
From: Mike McFarland	Respond to of 74651

Wow, that site is pretty slick, will spend some time exploring it today. No doubt your point about market cap is correct. With any luck the buying of MSFT stock will slow only temporarily--til the split perhaps. If there is a little profit-taking too, maybe I make a little on my puts next week. After that MSFT can resume it's upward climb, as more and more pile on. Maybe Microsoft is still a terrific investment, or maybe it is the biggest ponzi scheme of the 1990s--probably it is neither-- just a stock that has run too high too fast, selling at a rich multiple which pays no dividend. Not for me! I appreciate all the bullish replies when I post comments like these--it prevents me from loading up on those puts I mentioned, which, except for a few extremely well timed temporary pull-backs in the stock price, have never been a very good bet (until now of course -g-)