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


To: johnd who wrote (6065)4/23/1998 10:22:00 PM
From: Charles T. Russell  Respond to of 74651
 
I tend to agree with your assessment here. I too will hold my stock, but recently purchased July puts. I don't want to cash in the rather large gains, but I want to lock in the profit.



To: johnd who wrote (6065)4/23/1998 11:16:00 PM
From: werefrog  Respond to of 74651
 
There was a news story in my local newspaper about a week ago that starting next spring, Ford & GM will start putting computers in some models using Sony Hardware & MSFT Software $ the market will eventually be bigger than Desktop Computers. The day is nearing that every new car will have MSFT Software installed. Not getting in MSFT in 1984, which was the opitmal time to enter, I am content to trade in and out, especially when it is in a established trading range, but I hold some for the longterm and this stock could go much higher over time. Short term, it may see 80 again, and if that happens I will gladly add to my position.
Jim - Dallas



To: johnd who wrote (6065)4/25/1998 7:29:00 AM
From: Moominoid  Respond to of 74651
 
July 97 repeated.

MSFT long term investors probably remember this history.
From March 97 to July 97 MSFT made a huge run up from
around 118 to 150 and it's PE went from 47 trailing to
about 63 trailing.


I agree 100% with everything you wrote. However, unlike you I have a short position in MSFT. I did pretty well last December and only began to short again fairly recently.

David