How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 471.27

-0.6%

11:17 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: t2 who wrote (25547)	7/6/1999 6:59:00 PM
From: John F. Dowd	Read Replies (1) of 74651

t2k: The volume was light for the most of the day as it treaded water. Then some smart asses jumped up the volume on the sell side and pushed the price down in what had to look like a gap. No real volume here. I guess the big boys are waiting for the earnings. This looks like a good entry point for late comers. I was encouraged by Ralph Ac. who said that he is bullish for the rest of the year but he is wildly bullish about 2000 for the market in general. A lot of folks are speculating that if we really wind up with this surplus (some say a trillion) there will be no gov't debt to buy because none will be needed hence the bond market will zoom to 4% yields; in which case the equity market will explode. In the meanwhile other than the law suits all the news out of MSFT is gangbusters. JFD

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next