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

To: CGarcia who wrote (23203)	5/25/1999 2:43:00 PM
From: James	Respond to of 74651

$155

To: CGarcia who wrote (23203)	5/25/1999 6:18:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

Garcia, Predicting MSFT by yr end is hard. But many brokerage houses have a 100 target by yr end. I think 100 is quite easily doable. The big wild card is Y2K fear related fears causing a major correction, i.e. DOW at 7500 and NASDAQ at 1500. If that were to happen, MSFT will be back at current levels of 77 - 80. I for one don't expect 155 and 140 that other people are predicting. That would be close to 80 -90 PE. I rather see it at 55 - 66 PE on 1.6 in trail EPS. johnd