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Technology Stocks : How high will Microsoft fly?
MSFT 506.99-1.5%3:59 PM EST

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To: Sir Francis Drake who wrote (26239)7/16/1999 7:24:00 AM
From: Teflon  Read Replies (2) of 74651
 
Morgan, I saw an interesting report on Bloomberg this am regarding the *Money Flow* into MSFT (block trades > 10,000 shares) since the beginning of the year to date. The chart did not look great. Essentially, money flow has been negative through today. The good news, however, seems to be that the decline has leveled off, and I also find in fascinating that the retail investor has been able to move MSFT's price as much as we have. MSFT is apparently at an inflection point here folks. As we've discussed for the past two weeks, the volume in MSFT has been terrible. I am hoping this Q's earnings will be the catalyst we've been waiting for.

BTW, MSFT is up 3/4 in Europe this am at 95 1/8. Hoping for the best.
Teflon
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