How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 486.06

+0.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: option007 who wrote (23701)	6/6/1999 11:53:00 PM
From: ed	of 74651

If you short MSFT , better cover your short position early on Monday. Everytime , when there is a new product released, MSFT's stock price always response positively. Just look at the chart , in May of 1998 , the stock price flatted in fear of the DOJ case, the stock started to move to new high when Win98 released in June. The stock price already had all the bad news built into it, anything positive will lift the stock to new high. So, now is the time to accumulate , not to take the chips off the table. MSFT has corrected more than 20% from its previous high of $95, how much lower will it be ? Another 20% ? I do not think so. But any positive news , like the new product release, will lift the stock price to pass its old high and build another new high !!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next