How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 459.86

+0.7%

Jan 16 9:30 AM EST

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To: t2 who wrote (23982)	6/10/1999 7:35:00 PM
From: johnd	Read Replies (1) of 74651

Why did MSFT drop more than the NASDAQ today? Would that be the Felton effect? or is it just something else? What worries me is the fact that DOW is up 1400 for the year or up about 15% during first 6 months of the year. If DOW were to decline 10%, then it could bring hte whole market down with it. The 6% on Treasury doesn't help either. Is FED expected to tighten soon?

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