How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: taxman who wrote (24359)	6/18/1999 1:15:00 PM
From: t2	Read Replies (3) of 74651

I have not held Intel since April. I don't think it is going anywhere fast. All that talk about cell phones replacing PCs etc.... is scaring away investors. Once the big mutual funds decide to sell, it could be a long time before the price starts picking up. They can't sell a lot of stock in a short time. The analysts' calls in the past 2 days are not encouraging. It might be a sell on rallys kind of stock for the next while. Just my guess. However, I still believe they have a great brand name. People overestimate the potential of companies like AMD to make a dent in Intel's "monopoly". As an investment, i am going to wait until late year before buying unless it sells off sooner.

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