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


To: johnd who wrote (14487)1/19/1999 12:35:00 AM
From: ed  Respond to of 74651
 
Congratuation!!! You finally decide to take the profit. After you sell , pls never look back again !!!!!!!!!!!



To: johnd who wrote (14487)1/19/1999 11:54:00 AM
From: johnd  Read Replies (1) | Respond to of 74651
 
I have sold on all accounts at 152.125, there is no
tax consequence in IRA acounts.

At least in my opinion valuations are not sustainable.
March Q and June Q will be very slow.

Analysts currently have 22% earnings growth estimates
for 3Q and 4Q. Even if it is 30% earnings growth for
3Q and 4Q the stock will depress about 15 - 20% is how
I feel. That is why I sold.

Good luck. I will enjoy the peace of mind holding the
cash.