How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 9:30 AM EST

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To: t2 who wrote (29697)	9/17/1999 4:58:00 PM
From: johnd	Read Replies (1) of 74651

T2k, we have to be very careful. "The market can only go up" is a bit exuberant. The Fed. hates the valuations the market is in right now. The faster it goes up, the sooner the fed will tighten. On oct. 5 even if they don't tighten, they will send an inflationary bias. Just my feeling.

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