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Technology Stocks : How high will Microsoft fly?
MSFT 489.91+0.6%3:59 PM EST

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To: t2 who wrote (25628)7/7/1999 4:32:00 PM
From: Sir Francis Drake   of 74651
 
t2K, obviously, MSFT will be influenced by the broader market, but it looks to me like MSFT should do really well going forward toward earnings. I just don't see how traders/institutions would "let" MSFT get too cheap ahead of what are most likely very good earnings from the world's premier blue chip company. The buyers should come out on any weakness. So, the seems to me, the momentum ought to be forward, if the overall market is half-way decent. I'm not in options, but I'd be optimistic. Of course, there are no guarantees, but I'm very optimistic.

Morgan
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