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

To: John Chen who wrote (5566)	3/25/1998 3:50:00 PM
From: Paul Shread	Read Replies (2) \| Respond to of 74651

Maffei declined to comment when asked if he thought MSFT stock was overvalued, although he sure hinted he thought it was. I like this company long-term, but definitely not at these prices. Of course, MSFT has never been a bargain, as far as I can remember. Re market action in general today: Soros is rumored to be buying puts on the S&P 500, and some large brokerage house warned of a possible Fed rate hike next week. Good luck to all. I think April's gonna be choppy.