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


To: Moominoid who wrote (9255)7/16/1998 10:30:00 AM
From: miraje  Read Replies (1) | Respond to of 74651
 
I think the downside could be up to $20 if there is a downturn.

MSFT has the luxury of being able to manipulate the numbers with the deferred earnings accounting methods. I think they'll handily beat the street but report at, or a penny or two above consensus, and park the excess in the deferred kitty. That, along with the usual gloom and doom forward outlook, could indeed let some of the air out of the tires. I'm tempted to buy some puts, but if they report one of their occasional blowout quarters and can't hide it, the stock could run up even more.

Regards, JB



To: Moominoid who wrote (9255)7/16/1998 5:55:00 PM
From: J. P.  Read Replies (1) | Respond to of 74651
 
<I'm trying to do a short sale right now.>

You're trying to swim upstream against a strong current,
I hope you're a good swimmer.

BTW, if it was trading down on instanet, perhaps someone
was trying to scare someone else out of their shares cheap.