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Technology Stocks : How high will Microsoft fly?
MSFT 508.82+0.6%Nov 11 3:59 PM EST

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To: Sir Francis Drake who wrote (26594)7/19/1999 1:00:00 AM
From: J. P.  Read Replies (1) of 74651
 
I was looking again at the Thompson Iwatch site, and something occurred to me. From the looks of it Institutions were unloading huge inventory on Friday especially towards the close. Maybe it had something to do with excercising options and dumping the stock, I don't know. But perhaps the MM's have taken on this tremendous inventory long, and would like to unload their inventory next week to buyers (obviously at a higher price). I think if they didn't anticipate higher prices yet, they would have dropped the price prior to taking on all this stock. This could provide a nice pop, and I'd like to see it since I'm long options.

thomsoninvest.net
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