How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 454.66

-1.1%

3:59 PM EST

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To: Bill Holtzman who wrote (29835)	9/23/1999 9:24:00 AM
From: Eylon	Read Replies (1) of 74651

You're right - Bernard Baruch and the shoe shine boy. But this time it's different. No, I mean it! Even a stopped watch is right twice a day. We all heard the stories about the geniuses that were right in 29 and 87 and any other sharp drop in the stock market. Most of the times it is nothing but pure luck. Yes, the market will correct some time, but following some signal like the "shoe shine boy giving a stock tip" is plain stupid. Using that logic the market should have crashed in 1996, 1997, 1998, and now in 1999. All the professional bears are talking about crash in the last four years. They will be right some time just like the stopped watch. I wonder how many time in his life Bernard Baruch, or someone with similar views but not as lucky, sold everything and was wrong. Eylon

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