How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

3:59 PM EST

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To: Bill Holtzman who wrote (29651)	9/16/1999 8:37:00 PM
From: John F. Dowd	Read Replies (1) of 74651

BH: 22mill/5 bill=.44% of outstanding stock moved the stock over a range of 5%. 1.98 Billion transaction dollars moved a 473 billion $ stock 5% or 23.5 billion dollars. This is incredible leverage. I would blame this on a thin market and the Chicago boys having an inordinate effect on the stock price. How they effect this is beyond me. In terms of leverage they appear as elephants but in terms of the absolute dollars it just doesn't spell Horton. JFD

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