How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Uncle Frank who wrote (25571)	7/6/1999 9:03:00 PM
From: t2	Read Replies (1) of 74651

Frank, When RNWK keeps going up on a deal with WebTV, you have to be a little worried of how long it can keep going. If you are a day trader, you could have a little fun with it but as an investment you gotta be careful. I traded this stock quite a bit a few months ago. It used to have a delayed move up when other internet stocks went up big. Then you just jump on board for a ride late afternoon. I don't know if that is going to work now. Fear about the net stocks has set in due the big correction. In addition, short sellers are now getting more confident with this sector and could start taking aggressive short positions, something they would not have tried a few months ago. That is the scary part about holding internet investments. The selloffs as a result of profit taking and short sellers could be huge. That is why i bailed out of my one internet stock today, ATHM. I dumped Cisco as well because i felt the gains in that stock were in part due to the internet moves. Planning to buy back Cisco though.

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