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Technology Stocks : How high will Microsoft fly?
MSFT 476.35-0.4%2:30 PM EST

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To: John F. Dowd who wrote (25616)7/7/1999 12:58:00 PM
From: t2  Read Replies (3) of 74651
 
The internet meltdown that i was expecting to start late yesterday has been underway. Yahoo and RNWK heading south. However, to my surprise AOL is still holding up.

Now there is the possibility of a good rebound in Yahoo (either late today or early tomorrow) being set up by the current selloff.
That should also translate into higher prices for big cap tech stocks as well---there is no logic to it but that is how i feel.

MSFT has almost made up all the losses suffered yesterday. We are only $1 off of Friday's close of 92. Looking good going into tomorrow(i think).
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