How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 9:30 AM EST

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To: Sir Francis Drake who wrote (25722)	7/8/1999 3:38:00 PM
From: Bill Holtzman	Read Replies (1) of 74651

>What is driving the bond market is weakness due to relative UNATTRACTIVENESS of bonds vs. other investment vehicles< Do you agree (I'm not sure - maybe you were the one who said it!) with whoever said here that the govt will likely see some huge tax revenues over the next year and the supply of bonds will dry up, causing a rise in bond prices, a drop in yields, and ultimately, a big move up in the markets? In this case, the current unattractiveness and therefore lower demand for bonds would be matched by a reduced supply - sort of a goldilocks bond market!

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