How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.52

-2.8%

Dec 10 3:59 PM EST

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To: John F. Dowd who wrote (23768)	6/7/1999 7:42:00 PM
From: t2	Read Replies (2) of 74651

It seems like the big $$ is unconvinced as the volume was again about 50% of average and it closed only up 11/16.This surprises me in light of the fact that they have already sold 15,000,000 copies I think a lot of momentum investors (i mean, the ones that like to ride the earnings run ups) are still hoping for better opportunities to buy the stock. They are probably hoping these opportunities will be created by economic news, Greenspan or the trial. If the stock does not come down into the 70s again, watch them jump on board anyways, afraid of missing the earnings train. At least for now there still appears to be some time--and no urgency.

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