Abbott Cook(e)
06-07

$Microsoft(MSFT)$ getting to a new all-time high after last summer's high is justified. Revs and earnings are doing well. They beat the analyst quarterly forecasts for the past year. Forecasts going forward are positive.

The last 12 months have been pretty blah in regards to stock performance. The publicity of all-time highs is overrated. In Microsoft's case the stock is just getting back to where it once was...not like some stocks that are on a torrid pace where they establish high...after high...after high.

MSFT financials look good, p/e is reasonable and I think a 12 month stock price appreciation of approx. 10-12% is obtainable. [Grin][Grin][Grin]

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