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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: David Howe who wrote (71378)7/20/2002 8:34:08 AM
From: John F. Dowd   of 74651
 
DH: This is weird. Most of my tech stocks were up yesterday while MSFT was down. It was down disproportionately given the strength of their earnings. I am convinced that this is due to funds trying to raise cash. Since they are exposed to a lot of index funds they have a greater exposure in this area. INCA was a big seller yesterday and they are usually the hired gun for the funds or so I am told.JFD
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