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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST
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To: werefrog who wrote (4501)12/25/1997 4:14:00 PM
From: Bearded One  Read Replies (1) of 74651
 
It's very hard to predict correctly when a stock will go down and then up---- probably more than 2x as hard as predicting even just one direction. If people all predicted that a stock would go down to X and then up to Y, then the stock would just go up to Y as people bought at whatever price below Y to earn the gain. So I'll take your first prediction-- that MSFT will drop to 100-- but I won't take your second prediction.
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