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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (6444)3/26/1997 11:07:00 AM
From: giddy guru   of 58727
 
//gg//

David,

My guess -- MSFT will not see sub90 until April. Remember it is the sole NASDAQ big cap that hasn't broken down and it is darling of many Money Managers. Some would buy for the first time this week to dress up their portfolio.

Though, I agree with you that MSFT will revisit its 86 7/8 intraday low it hit two days back. It was down almost 7 points on that day.

As usual, market is not rational. My theory may not hold...

/giddy guru/
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