How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.12

+1.7%

3:59 PM EST

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To: Teflon who wrote (23894)	6/9/1999 3:09:00 PM
From: Sir Francis Drake	Read Replies (1) of 74651

<OT> Teflon - yes, I do intend to go for the ICG IPO through SFE. I'm somewhat careful, because several weeks ago my TA indicated that SFE should not dip below 65, and should eventually settle into low-mid 70s - yet it dipped to 62. Therefore, I am not trading it anymore - I can't read it as well as I used to. Now, I'm just holding it. Morgan PS You are right to warn folks not to pay attention to short term trading - I try to qualify my "trading" remarks with a disclaimer, that short term price movements are just "noise", and longer term, MSFT is a great holding. I have been, and remain, a very aggressive long term MSFT bull (at least over the next 2-3 years).

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