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


To: carl a. mehr who wrote (14468)1/18/1999 11:49:00 AM
From: johnd  Read Replies (2) | Respond to of 74651
 
I would like to add that I still expect
* No split tomorrow
* Stock to drop to 120s - 130s soon Or 55 - 60 PE range
soon.
* 4.5Billion revenues (+25%), 39% net margin, 1.75B in profits
or about 65c
* Company bought back about 20 million shares at $105 price.
Note that price : $105. That is about where the company
thought it was fair price to buy.
* Cash in hand about $19B
* 3Q (March99) will be flat. Will expect slower Office and
NT sales due custoemrs waiting for new products.

I still have shares in my retirement accounts, I am going to
unload them tomorrow or going to write deep in money calls.



To: carl a. mehr who wrote (14468)1/18/1999 1:36:00 PM
From: freeus  Respond to of 74651
 
Touche
Great answer!
Freeus