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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: JP Sullivan who wrote (32053)11/6/1999
From: Bill Wexler  Read Replies (1) of 74651
 
Actually, I figure you won't see it trade down too far.

1) The judge's decision was not that big of a surprise, and in some ways I think it has already been priced into the stock.

2) A lot of put buyers and shorts came in before the decision. I'm also guessing that a lot of amateur shorts will try to pile in on Monday...a big mistake. So I wouldn't be surprised if the stock rallied fairly quickly.

Longer term, Microsoft will trade much higher. I consider this a significant buying opportunity.
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