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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 (30971)10/20/1999 9:58:00 PM
From: John F. Dowd  Read Replies (1) of 74651
 
t2: The institutional investor seems to be the big jerk in the investing world for the last five years. They have missed every market turn so far. They are going to use the IBM statement along with SAP's Y2K excuse to hold the market back while they get aboard. They send their mouthpieces to manipulate the market through appearances on TV. If it weren't for their size they would be out of luck. I can't understand the futures picture either. IBM is really not a bell weather when it comes to the NAZ. But from what I have seen they seem to throw the baby out with the bathwater continually as the fund managers try and compete with the indexes. This is truly an Alice and Wonderland market. JFD
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