How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 459.87

+0.7%

Jan 16 3:59 PM EST

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To: High Plains Drifter who wrote (28761)	8/25/1999 11:14:00 PM
From: Catcher	Read Replies (1) of 74651

high plains, my bet is a pull back due to profit taking which means you should buy all you can. in spite of my miserable record in "timing" stocks, i sold out of margin today, betting on a pull back. i will buy back into margin on weakness. per prior post, msft is up 12 & 7/8 since friday's close. nice breakout after langouring in mid 80's for weeks but, again, i think odds are it dips before it rises. i am waiting on any govt report that gives worse than anticipated hint of inflation. IF and when this should happen my bet is market will take nose dive. (that's when i go back into margin). still 70% invested in good ole softee though--it will weather rate hike jitters as well as any.

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