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


To: Moominoid who wrote (6501)5/4/1998 11:23:00 PM
From: farhat  Respond to of 74651
 
This is from Day traders
** MSFT - Stock has pulled back recently on fears that MSFT may have
problems with the release of Win98 and/or that the product itself isn't that big an upgraded. But let's face it, where Bill leads us [computer users], we must follow - like it or not (what are you going to do, learn Unix? :).
Besides,there are plenty of new computer users coming into the market everyday that will have Win98 or whatever loaded into their new systems. So, largely, we would consider this a short term problem and a buying opportunity in the stock. As such, let's look to pickup some shares on any further weakness into the $88 or less ranges (or on a snap back into the $90 range), be ready to average at any price of $85 or less if seen either way. You can be pretty sure there will almost always be buyers of MSFT stock at some point. Longer term hold with
price target of $93 plus.