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


To: Hal Rubel who wrote (8533)6/19/1998 5:22:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
Option expiration phenomenon.

So why does Goldman comeout with a EPS revision of 2c on a 1.75C
the day of the expiration?

So why does Microsoft suddenly move up to 60 PE on a day when dow
declined 100 points.

I don't know, do you? I suspect these are wall street games.

At 50 PE on trailing earnings, a price of 84 and on 50 PE of entire
fiscal year earnings of 1.77, a price of 88.5; So why are we
already at 94.6? Anyone know?

johnd