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

To: Catcher who wrote (14862)	1/20/1999 7:18:00 PM
From: t2	Respond to of 74651

Too many "experts" believe the market is overvalued. This creates a lot of selling pressure (or buying opportunities)After the completion of this earnings season, I am not expecting big moves in the markets on a short term basis. However, we could see run ups in stocks like DELL, CSCO, which don't report in this month. I had invested 100% in DELL back in August, which protected my portfolio from the general market declines that month. As for Microsoft, I cannot imagine it dropping below 155. More likely would be base at 160 to 165. By late February or early March watch for huge gains as people try to jump on the Microsoft train going into the April earnings. I expect it to go much higher going into April earnings. ----About 200 (we could see it in late February or Early April). We could see short term volatility but this baby is going to be at least 200 by mid April. BTW- The stock split is one of the ways MSFT could stop a sell off in the stock if they lose the DOJ case in a big way (which is unlikely).