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


To: Richie who wrote (21150)4/21/1999 10:59:00 AM
From: t2  Respond to of 74651
 
The stock is just held by too many mutual funds. When a big fund starts selling, the stocks hit. I am actually encouraged by today's moves. I would love it if the stock stays down on 2 but with 80million in volume. That would be perfect.

Like I said before, people just want out before the trial--misguided approach. Other who understand some will want out will try to beat them to sell. This sounds silly but I believe it has been happening and is happening today.
I expect the stock to go up just after the re-start of the trial. Remember people usually want out before the news. I plan to buy more leaps at that point unless we get a big time selloff before then.



To: Richie who wrote (21150)4/21/1999 11:24:00 AM
From: taxman  Read Replies (1) | Respond to of 74651
 
"new product introductions this year"

Yr. Ended Jun. 99 1.32 up 48%
Yr. Ended Jun. 00 1.51 up 14%

then can anyone explain why fiscal 00 earnings per share are only projected to grow 14%? i've seen 1.80 for 01 which doesn't seem that explosive (less than 20% over 00) either.

regards



To: Richie who wrote (21150)4/21/1999 12:14:00 PM
From: DownSouth  Read Replies (2) | Respond to of 74651
 
(this guy sounds just like jach on CSCO! I swear he does.)