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


To: limtex who wrote (23092)5/21/1999 7:03:00 PM
From: Arnold Layne  Respond to of 74651
 
<<Anyone got any view on where this relentless daily slump in MSFT will end?>>

I don't see it going below 75, and I anticipate a run to 100
by July 21 or so. You can't expect the stock to move up all the time;
it needs a breather every now and then. Just sit on it for a year
or more and you'll be a happy person. The pe will drop at least
10% after the next earnings report (in relation to the current price).
This is one of those rare opportunities to pick up some shares
at a reasonable price. If the lack of movement bothers you,
sell some call options on it.

ARNOLD



To: limtex who wrote (23092)5/21/1999 7:13:00 PM
From: Maverick  Read Replies (2) | Respond to of 74651
 
Healtheon-WebMD's software to come from MSFT, which has 11% stake
mercurycenter.com



To: limtex who wrote (23092)5/21/1999 11:18:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 74651
 
$75 is support,

I place less than 5% chance of MSFT going under $73 even if the market sells off hard. Bottom line, in terms of risk reward this is a great area to put on or add to positions in the Empire. One or two years from now people will say I should have picked up Mr. Softie in May/June 99. There are a lot of people still kicking themselves over missing CSCO in Mar/Apr 97.

Regards