How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: t2 who wrote (13626)	12/30/1998 10:30:00 AM
From: Teflon	Read Replies (1) of 74651

Two questions for the Board, and please excuse the ignorance... 1) Why is it that everyone believes that the "Funds" will be buying in the beginning of January when one would believe that if a Fund had money to put to work and wanted to show ownership in MSFT, it would be buying it NOW, prior to yearend, to show ownership on their 12/31 Statement??? 2) What is the Basic premise of the "January Effect" vs a "December Effect"; is there substantial new money that comes in after yearend that is not there in December? If so, where does it come from?? Thanks, Teflon

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