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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: taxman who wrote (28518)8/23/1999 1:45:00 PM
From: Gerald Walls  Read Replies (1) of 74651
 
Here's an interesting, short Cramer that mentions MSFT and what might be keeping it down...

(TheStreet.Com is well worth the subscription.)

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thestreet.com

The Bull Is Back
By James J. Cramer

8/23/99 10:11 AM ET

In this environment, Mr. Dinky would quit his day job!

Yep, this market feels right. We have bears capitulating. We have some guy talking about the market going to 36,000 on television. (I know the guy -- he's legit.) And we have stocks that looked like they were pinned by expiration now busting out (Intel (INTC:Nasdaq), to point fingers).

Ah, it's good to be back looking for sellers to let me in. Take Micron (MU:NYSE). Some friend of Alan Abelson slammed it this weekend in Barron's. Create more stock for me to take, I say. DRAM pricing is up, and the stock is right. (Berko has convinced me to keep it on.) I smell trapped bear meat.

In the meantime, where the heck did the drug-stock sellers go? I haven't felt so good about a group in months. It has to play catch-up.

Finally, there are Dell (DELL:Nasdaq) and Microsoft (MSFT:Nasdaq). The last one will not go up until Paul Allen is finished with his nuclear selling. But who can wait for that?

Yeah, I'm bullish. No apologies.
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