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


To: Harry Sharp who wrote (19614)4/3/1999 2:23:00 AM
From: blankmind  Respond to of 74651
 
Mr. Sharp - you're right & you said it best.

- imagine if MSFT announced after the market close that it will do $1.00/share for this quarter.

- the stock could open up at $180 (vs. closing the day before at $90)

- without even 1 new additional dollar, the market cap just doubled.

- is this totally irrational or what? Yes, but what the heck backs up that green currency in your wallet? Same thing: nothing.