How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 488.06

-0.8%

9:56 AM EST

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To: werefrog who wrote (30316)	10/1/1999 5:53:00 PM
From: t2	Read Replies (3) of 74651

James, I think we have hit the bottom in this market. If the selling was to stop around mid October---as it has happened in the past, why would some fund managers wait around til then to pick up bargains. I bet many of them have raised significant amount of cash already and are just in waiting mode. I thought the "crash" would be today simply because of those negative calls on PC stocks. It did not happen. The late day action tells me that there are just too many people ready to buy on dips. Too much cash = no crash. Now we can start moving up.

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