How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

3:59 PM EST

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To: ed who wrote (28200)	8/16/1999 8:02:00 AM
From: werefrog	Read Replies (2) of 74651

>or one year later when the price hit $150 after split< MSFT has a 10 billion share "Float". While it was the stock of the 90's will it continue? Anyone who invest should keep in mind the "Railroads" made paupers out of more investors than any other investment in history so investors should monitor their stocks closely, even MSFT, as someday the party will be over. >just buy time to time from $80 to $85 < Where do you get this number? The consensus is to enter a position trade in MSFT when it is down 25 to 30 per cent from the yearly high. <and just keep buying > What about just keep selling? Many people want to make money today, not some distant day in the future. Even Bill sells shares from time to time. <So, why bother timing the market ??> Some people have enough skills to Swing Trade, Day Trade, and don't limit their selves to only Position Trading.

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