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


To: t2 who wrote (14562)1/19/1999 1:43:00 AM
From: ed  Respond to of 74651
 
Most of Microsoft investors are long term share holders, so the floating shares are very small. A little unblance will move the stock either upward or downward. This time , I see upward. Most of the investors on the street are not good at calculating PE,
and when they see the news of blow out earning, people just jump into the boat in a hurry. Who cares the PE?



To: t2 who wrote (14562)1/19/1999 1:51:00 AM
From: ed  Respond to of 74651
 
Tech2000,

Just hold stock and buy long term(at least two years) far out of money leap to accumulate more free shares . Sell part of the leaps at the expiration day, and use the profit to exercise the rest of the leaps. Play this game over and over again, you holdings will increase dramatically after couple of years.