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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (26282)	5/16/1999 4:25:00 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 50167

Judy, How do you like MSFT and ORCL here? I was expecting 76...which hit Friday....I really can't see much more of a discount coming...I would suspect the market would have to collapse first and that doesn't appear to be in the cards near term. Of course, anything is possible. Although the chart looks to have the possibility of more downside historically MSFT doesn't correct much more than 20% from it's highs. P/E does seem a little high about 60...But I guess that's what you pay for liquidity these days? I'm not too worried about the antitrust suit. My year end targets are: MSFT 91 ORCL 35 RMBS had hit my target of 52 and I didn't buy? I thought 48 was coming???? ooops.... I broke my buying strategy rules? It's just so much easier for me to make 30-50% short term gains in smaller caps....I was buying OEX 670p Wed/Thur just didn't buy enough and sold too quick on Friday....still very happy.... EMC chart looks alot like MSFT.... Jeff