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


To: ed who wrote (11035)9/26/1998 12:07:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
ed: The rate cut will happen Tues. -.5% or greater. This is the deal the NY Fed worked out with Greenspan as an incentive to bail out Long Term Cap. Appreciaton Fund debacle.

Increased earnings have already been preannounced

Everyone knows about the Win98 story so what is the unknown good news?
Wintel as a whole must be discounting increased CPU sales in the second half.

JFD



To: ed who wrote (11035)9/26/1998 8:25:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
I am looking for 126 - 132 during the next 30 days.
MSFT is currently trading at 56 PE based on trailing
12 month EPS expected by october earnings release.
It will get to trailing 63 - 66 PE. Or 126 - 132 soon.

johnd