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


To: c.r. earle who wrote (17681)3/11/1999 4:51:00 PM
From: Just_Observing  Read Replies (3) | Respond to of 74651
 
MSFT trading at 162 1/2 at 4:30 pm. We have Cramer to thank for the tanking of the stock after he spread the rumor. In his defense, his story was called rumor mill. Was a great opportunity to but the March 160 calls for 3 3/4. Fair value should be at least 5 now.

Good Luck



To: c.r. earle who wrote (17681)3/11/1999 4:52:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
I heard it was the way in which Revenue is recognized for Office.
Plus they would be giving guidance on
earnings --for this quarter and/or is it next quarter and/or Sept quarter.
This company does not leak out much news on earnings ahead of the announcments. I think it is a toss-up.
The afterhours trading at least is encouraging.

Does anyone know if we can get on the conference call?