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

To: Uncle Frank who wrote (15830)	2/11/1999 6:55:00 AM
From: t2	Read Replies (1) \| Respond to of 74651

Uncle Frank, IMHO it appears the tech sell off has run of out steam. I agree with you--and the Clinton biz is about over. I just can't believe there is a worry of future rate hikes. If that means the US and world ecomonies (and currencies) are doing fine, then the techs should do even better. A rate hike, would mean a stronger dollar, which means exports get cheaper leading to no inflation.---------I hate economics!! I am sticking with MSFT and INTEL----but still have some Dell ------ Hoping for a pop to 105 at which time I get out (if I am patient). Might even sell when shares 100 for a slight loss. I have given up on Dell. Rethinking CSCO -- PE is lower now. As far as I am concerned, MSFT is the place to be with some diversification in INTEL. These companies have a lot of control in their businesses. The others like Dell, CPQ, etc. are just on a ride with WINTEL. Dell had a great ride --I am just having doubts about its continued growth and PE over 100. JMHO