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


To: johnd who wrote (15683)2/8/1999 12:12:00 PM
From: Paul Reuben  Read Replies (1) | Respond to of 74651
 
I believe March 26 is the first day of post-split trading.

Someone please correct me if I'm wrong.

Regards,



To: johnd who wrote (15683)2/8/1999 4:58:00 PM
From: t2  Respond to of 74651
 
Johnd, I am expecting it to hit at LEAST 190 by split date. I believe the upward price movement will intensify last 3 days of March and first 3 days of April. If it is at 190 just before split, it could be easily over 200 by the first couple of trading days in April as the earnings anticipation will start to build up in a big way. To anticipate the amount of a run up to split and earnings, you just have to look at the last release meaning not too many people will want to be short this stock going into earnings.

In any case, I think is should be about 110 (post split) by earnings release. Yea i know about the PE----but it looks like MSFT wants to build up the internet business in a big way which should help with the PE. Just look at Cisco and Dell's PE for comparison (actually you had posted these).