How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 490.19

+1.5%

3:41 PM EST

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To: johnd who wrote (29065)	9/2/1999 5:46:00 PM
From: Bill Holtzman	Read Replies (2) of 74651

"from 83 to 92" - johnd I disagree with you. When the WSJ printed the article about the spinoff the stock ran from 95 to 100. That's only 5 points. Also, I don't think there's really been anything new about the issue. The stock ran up, IMHO, because of this quarter's earnings. To me, that run up is a reflection of how the quarter is going as perceived by those who are in the know about such things. As I told T2K, I think the earnings moves go on during the quarter. The runups near earnings are just fluff. This is the real thing. Perhaps another blowout is on the horizon.

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