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Technology Stocks : How high will Microsoft fly?
MSFT 478.52-2.8%3:59 PM EST

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To: johnd who wrote (51153)10/13/2000 3:36:24 PM
From: John F. Dowd  Read Replies (1) of 74651
 
johnd: That would certainly be a great start in regaining investor confidence especially if they said that they were making inroads in the W2K enterprise market and that the forward looking statements were at least guardedly optimistic.

Right now this is what the block trading looks like:

DJ Microsoft Corp (MSFT) Block: 280,100 Shares At 53.16

13 Oct 15:34

MICROSOFT CORP.

Last trade NMS: -1.22 at 53.16 on 0.22 downtick
Trade vol: 280,100 = 0.6% ttl vol
Ttl blk vol: 19,235,000 = 43.0% ttl vol
Avg blk vol: 14,279,786 = 43.0% avg daily vol
Ttl vol: 44,719,600 = 134.8% avg daily vol
Avg daily vol:33,179,604 / Prev day -1.38 on 45,112,300
(END) DOW JONES NEWS 10-13-00
03:34 PM

On the overall market this is quite a turnaround when you consider that 1. The techs have regained the leadership and the gain is in the face of . 1. New lows ahead of new highs on the NYSE. 2. Unfriendly economic reports this AM. 3. Horrible geo-political concerns. 4.Fed bias toward inflation. On top of all this it looks like the NAZ will hit 2 billion on this turnaround.

JFD
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