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


To: Maverick who wrote (23567)6/2/1999 10:42:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
<< 12 month target $86 >> - is this after a 2:1 split? All joking aside, I don't understand these guys - are they forecasting a bear market over the next 12 months? I don't get it.

Morgan



To: Maverick who wrote (23567)6/3/1999 12:24:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
Why do we pay analysts? When I read ML report, I felt
awful. Why will MSFT grow only 17% next year.

Look at back at history, for FY99 (current), same time
last year, analysts had aconsensus estimates of 1.05.
All said and done, MSFT will repot about 1.40 or about
35% higher than estimates.