How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

Nov 19 3:59 PM EST

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To: t2 who wrote (25028)	6/28/1999 11:08:00 AM
From: codawg	Read Replies (1) of 74651

I agree that MSFT is ready to rally from both fundamental and technical analysis. I will be looking for sustained relative strength to gauge the conviction. This week may be choppy, but should provide more excellent purchase opportunities. By next week we will be moving consistently higher with Fed moves and preannouncements over (not to mention daily trial coverage). Earnings for S & P 500 Q2 are expected to exceed Q2 1998 by 16%, and this should provide the positive market catalyst in July.

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