Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: t2 who wrote (13475)	12/23/1998 3:33:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

Good points tech2000. But the stock is not cheap at this point What I care about is how much of downside risk am I bearing at any given point. I think it is quite high risk right now. I have been through the Japan bubble, the 87 crash; read about tulips, southsea, the California gold rush. I wake up every morning thinking how to remain prepared for the next history in the making, ala internet rush. Jan first week could be a test for internet stocks as profit taking could unravel. Fundamentals do matter. I must say microsoft would love to keep the stock right now in the range between 100 and 120 and WILL scare analysts on Jan 19th conference call if stock remains this high. It won't announce a split on Jan 19th (you heard it hear first ). The stock will likely decline to low 120s sometime in the next 90 days. Take my word for it and be prepared. johnd