How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 450.66

+1.5%

3:26 PM EST

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To: Frank Ellis Morris who wrote (37081)	1/25/2000 1:54:00 PM
From: John F. Dowd	of 74651

Frank: AG has been crying fire and nothing has happened. Yesterdy was nothing to do with interest rates as the bond price moved up and interest rates dropped. I think this has to do with big money not being able to get in at the levels they would like and bringing the market down through the indexes and the stocks that underly the index funds. It is hard to get all the billionson the sidelines invested without driving the market up so they do what the can to shake the tress and cause the weak hands to run for cover. AG is a non-event. .25-.50 already built into the market.Alan has to be careful here that he doesn't overstep as this hike in oil prices is soaking up a lot of money. It is like a tax and we are paying it to the guys we saved.JFD

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