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Technology Stocks : How high will Microsoft fly?
MSFT 486.87-1.4%3:56 PM EST

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To: Jill who wrote (24177)6/15/1999 12:52:00 PM
From: Teflon  Read Replies (3) of 74651
 
Jill, there is no way that I can tell you where the Market is headed in the next two-three days. Therefor, for me to suggest that this is a bottom for CNET or any other internet related stock would be nuts. Just plain nuts. I do suggest that you look at CNET closely and ask yourself if $42 is a lot of $$$ for this stock. For me personally, it is not. If I did not own the lot that I currently do and will also be forced to buy on Friday, I would be buying at these levels while fully realizing that it may even trade lower with AG's speech, the CPI and Triple Witching all due in the next three days.

But who's to say, maybe the market will surprise us. It is extremely oversold on the Tech side of the spectrum.

Teflon
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