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

To: johnd who wrote (13902)	1/6/1999 5:40:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

msnbc.com

To: johnd who wrote (13902)	1/6/1999 5:48:00 PM
From: LindyBill	Read Replies (3) \| Respond to of 74651

Then the stock took a 25% correction all the way to 88 by September. If a similar pattern develops we could see this run from 103 to 150+ end in a 25% correction to the low 120s by late Feb to early March I wouldn't count on it, Johnd, that last correction was part of the market slide in august when the interest rates weren't cut. There is nothing on the horizon, that I can see, that is going to cause a correction like that one.

To: johnd who wrote (13902)	1/7/1999 2:08:00 AM
From: ed	Respond to of 74651

The international financial environment is different between now and then !!!!!!!!!!!

To: johnd who wrote (13902)	1/7/1999 10:55:00 AM
From: Ed Schultz	Respond to of 74651

John, I totally agree with all 3 of your points. 1) Microsoft will NOT announce a split in January. There are generally two conditions under which Microsoft will split. First, they need the stock to stay above 110 for about 9 months or longer. Second, they need earnings of roughly $3 per share for the past year. Neither one of these is close to happening at this time. 2) Agreed. With all the speculation out, Microsoft should give its usual cautionary guidelines. 3) 120-130s sounds fine. Once earnings come out, people WILL take profits in February. Some are even predicting a major 20% correction in the market although I think that may be taking it a bit far. Ed