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Technology Stocks : How high will Microsoft fly?
MSFT 472.920.0%3:59 PM EST

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To: Ibexx who wrote (5206)2/23/1998 12:46:00 AM
From: mozek   of 74651
 
Ibexx,
I have a strong suspicion that we'll see a nice rally on Monday. The fact that Win98 rc0 is out has been fully digested, MSFT splits historically are followed by rallies, and MSFT always seems to blast off when it starts looking weak. More than most stocks, I think MSFT is held by many individual investors and is actually driven by the affordability after splits.

Good luck,
Mike

P.S. Saw your prediction for a spring correction on the Kahuna thread. Sounds pretty reasonable to me, but I hope that we do have a nice bounce this next week. I'm looking to raise a little cash in anticipation of a correction as well.
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