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


To: Ron Dior who wrote (5494)3/17/1998 8:19:00 AM
From: Gary105  Respond to of 74651
 
I should have said 5488. Re. the stock in general, I will continue to buy on weakness as I'm in it for the long haul. Even in a bad case scenario, growth slows and p/e shrinks - so maybe the stock is the same a year from now, but then moves on to double every 3 years. They have very little real competition in what they do. I actually wouldnt mind weakness so I can buy more. In recent Bershire report Buffett says only those who wish to cash out soon desire market mania. Long term investors view corrections as accumulation opportunities.

That being said, I see eps growth higher than analysts driven by new pc sales and more importantly upgrades to Office 97, Win 98 and Win NT 5.0.

Gary