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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: j g cordes who wrote (9167)7/13/1998 12:37:00 PM
From: Ibexx  Read Replies (1) of 74651
 
Jim,

Glad to hear from you. For awhile you had us worried and that's when I sent out a rescue squad.<g>

Re. MSFT and stocks of its kind. A premium is always assigned to sector leaders, especially in this case where there really isn't a close second in sight. If you are a bridge player, you would know that Goren allows (quite) a few extra points in counting the suit strength when you have all three honors, or just one or two.

What is goosing up the stock price?--the announcement that MSFT entered into website real estate busines. I am sure you know that this Redmond company is already doing extremely well in the travel business.

Good trading,
Ibexx

PS: my broker at PRU (who talks to TA guru Ralph Acampora) thinks there are at least 10 points left on MSFT's present leg--take it or leave it at your own risk.
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