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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18869)	7/16/1998 5:11:00 PM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

SUN and Msft both have beaten street estimates, I would like to think that MSFT should be a classsic example of buy the rumours sell the news the whisper was 54 and I would think many will like to take profits- I like the rev 4 billion$'s solidly up for a company of MSFT size we need a two quarter rev growth at this pace to justofy presnt stock price- my range of MSFT would be 128 to 90 in next six months I will be a buyer on dips and will chase this stock higher. Sun will move up smartly and Oracle will also be helped for overall Tech sector in my opinion this will be good news. 300 on SOX by end of next week probably. INTC above 87 looks a bit steep and I will like to take my profits on 85 long calls but TXN VTSS LSCC ALTR ADI are kind of stuff I would like to bet on-- may be LRCX and LSI in second line may show some signs of life but I would surely avoid these biggies and go for the stocks like COMs ASND until 65. We had this downdraft on composite too 1883 but we could not go any further a close above 2000 is a good sign. MSFT earnings will help Techs more then MSFT.