How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

3:59 PM EST

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To: t2 who wrote (25033)	6/28/1999 2:36:00 PM
From: Teflon	Read Replies (1) of 74651

The good news in the Market, is that MSFT has finally gotten ahead of the curve with respect to the rest of the tech sector. My point is that MSFT sold off long before the rest of the tech sector (started back in April when the NASDAQ hit a new high while MSFT was 10% below it high), and the tech sector will not rebound until MSFT establishes leadership to the upside. And this is happening now. The rest of the tech sector, including the internets, should begin their bullish run within the next two weeks at this rate, with MSFT hitting new highs long before they do. If this trend continues, the tech sector could enjoy a very healthy summer. Teflon

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