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

To: johnd who wrote (13412)	12/21/1998 3:27:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 74651

johnd, pmfji, but the trend is your friend. The biggest danger may be sitting on the sidelines and missing an incredible wealth building opportunity. Back in April you posted the same (bearish) tune: Despite the predictability and invinsibility that MSFT carries with it, the recent upsurge in the stock price from 65 at the begining of the year to 91 today represents nearly 45% increase per quarter (or 200%+ annualized, compounded). Such increases cannot be sustained for the company that is growing at 35 - 50% rate at the maximum. So the stock price will be a laggerd for the rest of the year. Possibly will go up to 110 in the next 9 months... If you took your own advice, you'd have missed the run from 91 to 140. Maybe you should go long - long term - and take your lumps during the blessedly brief downturns. Imho, when the doj finally withdraws, this stock will knock your socks off <ggg>. Thanks, Santa Frank