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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: larry who wrote (26854)7/20/1999 4:41:00 PM
From: Frank Ellis Morris  Read Replies (1) of 74651
 
>>Isn't it true that summer rally usually ends abruptly, and normally on the day that MSFT reports?<<

Larry, there is nothing that is ever concrete about the market since we would all be gazzilionaires if that were so. In other instances Microsoft looks like it did cause the summer rallies to end and they usually play their same song of making warnings about their business slowing going forward. It is a broken record but you do not want to stand in front of a speeding freight train. historically if you bought Microsoft in 1995 and held steady until yesterday you would have seen your profits soar 20 fold. I think I will stay put and if Microsoft re turns one third over the next five years as compared to the last five, I will surely retire from the rat race.

Best Regards
Frank
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