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


To: taxman who wrote (23291)5/30/1999 10:47:00 AM
From: taxman  Read Replies (1) | Respond to of 74651
 
more on raymond james rating.

regards

Raymond James & Associates initiated coverage of
MICROSOFT CORP with a buy
rating and a $100 per share price target. At
$100, the stock will be trading at
40 times fiscal 2001 free cash flow estimate of
$2.50 per share. This is a
higher multiple than might be expected but the
firm feels that it is justified
by the company's dominance in PC software,
enterprise software, and other areas.

regards