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

To: Augustus Gloop who wrote (8835)7/1/1998 12:20:00 PM
From: robbie  Read Replies (2) | Respond to of 74651
 
I won't guess where it will be after earnings but I will guess 115-120 before earnings are announced. Anyone else?

Robbie



To: Augustus Gloop who wrote (8835)7/1/1998 12:21:00 PM
From: Dan Woodbury  Read Replies (1) | Respond to of 74651
 
I expect MSFT officials to give their typical warning that while business is great now, growth will be slowing to 25% or so. Of course MSFT has given this warning in the past and the stock continues to climb higher.

Since much of the recent gains have come from an expansion in MSFT's already lofty valuation, I think the stock will fall back at least 10% in July as some air is removed.

IMHO, the stock will be lower after earnings than before.


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