To: RiceTrader who wrote (23) | 1/17/1997 8:48:00 PM | From: R. Keith | | |
That is a joke, right. You do not really take all this gibberish seriously. Microsoft was up to 89 in after hours trading after the earnings report came out. I do not think you will see much selling on Monday.
Keith |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: R. Keith who wrote (24) | 1/17/1997 10:01:00 PM | From: Kirce Stojanovski | | |
R. Keith where did you hear that? I heard the same thing. But I also heard they were at 84. But I guess lots of people lie, both ways. I'm not calling you a lier. I hope you are right. But there are shorts and puts out there that will lie and tell you the stock is down so we can call Monday morning and sell our stock, while runs up to 95. If you have after hours news can you post it. Or if someone else has it can they post it. I can't believe that their is no after hours on a friday. I can't seem to find anything. Thanks |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Kirce Stojanovski who wrote (25) | 1/17/1997 10:15:00 PM | From: Derek Keith | | |
In afterhours trading, MSFT did reach 89, but then I read an article & heard on TV where it was around 85. I'm not sure where it did end up, but I saw the 89 for myself...
Derek |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Derek Keith who wrote (26) | 1/18/1997 9:26:00 AM | From: Ramsey Su | | |
Derek, I am just curious. Who is buying MSFT at these levels?
I have quietly read this and other MSFT threads for awhile. There are a lot of disagreement on NT/MSFT/WINTEL vs the world but there seems to be very little disagreement that MSFT is very very expensive, with a PE that far exceeds growth rates.
Anyone here planning on buying Monday or next week? At what price? Anyone here planning on selling?
Ramsey |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Ramsey Su who wrote (27) | 1/18/1997 7:14:00 PM | From: Chris Abellera | | |
I think that Microsoft casts a VERY gloomy picture on their future earnings.
If the stock opens up a fraction or is down 1 at the open, then prepare for a natural correction back to its 50-day average, which is currently at $80, before it finally settles out.
Based on that earnings report, there is no way that I'd be dumb to buy the stock if it opens at $85-87 on Monday, with so many millions of shares that are "dying" to get out of this one.
There's just TOO MUCH downside risk, especially with the earnings out.
But honestly, I'd step in and buy it if it falls to near $80-81 intraday.
DOES ANYONE OUT THERE DISAGREE WITH ME ON THIS ONE?!? |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Chris Abellera who wrote (28) | 1/19/1997 1:05:00 PM | From: Alec Epting | | |
I agree. MSFT has a trailing P/E of nearly 50 and a growth rate of 27%. There's something to be said for earnings predictability but this ridiculous! The stock appears to have support at 80. |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Chris Abellera who wrote (28) | 1/19/1997 2:00:00 PM | From: Kirce Stojanovski | | |
Chris I disagree with you on that one. Microsoft always has good products. And with more and more powerusers out there there will be a need for their products. Before when Microsoft introduced Windows for Workgroups 3.11, how many upgraded from 3.1. Not many. Then they introduced 95. And everybody upgraded.
Their NT 3.0 platform wasn't a big seller. Now look at it, it is the next big operating system. They went from the big seller of 3.5 to 4.0. Atleast where I work we got to have 4.0 or your out of the game.
They are taking a lot of money and putting into R&D. Why is that so bad. Bill Gates is a smart man. If the stock falls big he losses Millions of dollars. He won't let that happen. I will buy if Microsoft falls to $80 as well.
With the kind of market we have, it might. But I don't think so.
Would you of rather had Microsoft say, "Hey we are going great, our next few quarters are going to be a killer?" I'm sure thats what everyone wants. But then if they don't do that they are going to get crushed.
Atleast they told everyone where their money is going (R&D).
Microsoft will open lower tomorrow. But by end of Feb should be at $90. And I believe that is modest. |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Chris Abellera who wrote (28) | 1/19/1997 3:23:00 PM | From: cheong ming kwok | | |
Just remember one thing: Microsoft is doing this to lessen all the
speculation. They're future is great if your time frame for the upside
is more than one day. I don't think you'd see Bill Gates selling his
100 million shares any time soon, especially when both Office 97,
Windows 97, and Visual Basic products are just coming out or will be
coming out this year. Don't play with the minds of long-term investors. |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Mark Finger who wrote (22) | 1/19/1997 4:21:00 PM | From: Brian Malloy | | |
Mark, I'm a long term holder of MSFT, since 1991. Daily, weekly, quarterly moves don't mean much to me. In the long run, regardless of how high the PE ratio is now, I know that MSFT will continue to be a growth company for the forseable future.
In the past when MSFT gets in the position that it is currently, when investor demand drives the price up too high, the stock tends to correct 15% or so. It then stays in a trading range from -15% below to about +5% above the old high for something like 8 to 12 months before resuming its rise. I believe that we are about to enter one of these churning type periods.
Since I cannot predict when the stock will go up or down - but do believe in the longterm growth and earnings potential of MSFT I just hold it. The returns over the past six years have been well beyond my expections when I first purchased it.
Brian Malloy |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: Chris Abellera who wrote (28) | 1/20/1997 7:58:00 PM | From: Shea Jones | | |
Yeah, Chris, I disagree. I think you're waaayyy off base. How long have you been following MSFT? Their comments on future earnings are nearly word for word what they said last year, and two years ago. It's practically a tradition.
'Dumb' buying the stock at 85? A year from now, when you would have made big bucks, I'll refrain from gloating.
Someone says nearly the same thing that you have about MSFT every once in a while. And all of them would have been rich had they just shut up and bought the stock. There's no reason to believe that MSFT will reverse it's 10 year trend of explosive growth. The company continues to pump out products that sell, the industry is still in its infancy in terms of potential. There's just no argument to base your gloom and doom prediction on.
Oh, and as far as 'dying' to get out? ROFL! Did you *see* the stock price today, Chris? Bet you wish you would have gotten in two years ago, like I did.
Shea
Shea |
| Microsoft: Windows 97 | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |