How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 493.80

-2.7%

Nov 18 3:59 PM EST

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To: Sir Francis Drake who wrote (26722)	7/19/1999 5:37:00 PM
From: t2	Read Replies (3) of 74651

Morgan, You made an excellent call on MSFT's resistance at 100 after Friday's close. I watched it this morning premarket at around 100 1/2 but i saw it stalling and start moving down. I then decided to reconsider my position----starting selling the majority of my stock positions (98 1/2 to 99 1/2). Kept my leaps. Now down to about 20% MSFT---a reasonable allocation. Looking to use some cash to short Sun Microsystems if the price is right tomorrow. Thanks for your analysis before today's trading. Again, great call.

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