How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

Nov 19 3:59 PM EST

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To: t2 who wrote (20124)	4/9/1999 8:45:00 AM
From: t2	Read Replies (1) of 74651

Just read an interesting column by Cramer--the street.com. Titled -- "why the older pros scorn this market". He talks about how on-line investors buy "on the news" while the tradition is to buy the rumor and sell the news. I had also noticed a while back on the trading pattern of MSFT. When a rumor would come out--stock would go up a bit. Once the inevitable news was released, the stock would go up a lot. In other cases, when it was known that MSFT will be making a certain positive announcment on some product a week from the day of the news story, the stock would go up a lot on the actual news release. (I hope they don't change the date of that release) IMHO, that is why I think MSFT goes up on April 13--the day the audio/video technology news is going to be released(i don't remember the details). Combine that with earnings the following week and we could get a huge jump. Lets wait and see.

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