How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.12

+1.7%

3:59 PM EST

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To: J Krnjeu who wrote (25640)	7/7/1999 5:11:00 PM
From: Teflon	of 74651

JK, it's actually a terrific report. This is exactly what I expected from Koogle and Co this Q. They had no choice, the Street killed the stock over the past three months. The issue is the Street. YHOO did the exact same thing last Q (beat estimates), and if people remember, YHOO traded up 7 points in after hours trading after last Q's release, but then the next day sold off and has not recovered since. DO NOT TAKE THIS YHOO REPORT AS A GIVEN FOR THE MARKET TO REBOUND. That would be a big mistake. Believe me, I more than anyone want this tech market to take off. My recollection of history, however, forces me to be wary. Teflon

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