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Technology Stocks : How high will Microsoft fly?
MSFT 487.41-1.3%3:24 PM EST

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To: Sir Francis Drake who wrote (27780)8/3/1999 10:37:00 AM
From: t2  Read Replies (2) of 74651
 
OT Morgan, What do you think of the following.
AOL holds 90 (by end of day)while Amazon drops below if the Nasdaq continues on a downward momentum.
Even though the AOL float is bigger, it is still viewed as an good investment on the future by a lot of analysts. Therefore, the ones(mutual funds) who never bought it might be be tempted at these prices.
Amazon on the other has been called "Amazon.bomb" by Barron's (not that their opinion is important). They don't really have anything that can hold onto customers unlike AOL.

BTW--At this time AOL has dropped below 90, while AMZN is holding on. Could it last? I guess if you are a technician you would see it opposite of what i had presented.
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