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Technology Stocks : How high will Microsoft fly?
MSFT 471.45-1.4%10:40 AM EST

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To: Patsy Collins who wrote (31787)11/5/1999 7:06:00 PM
From: Moneysmith  Read Replies (2) of 74651
 
The tone of the statement is clearly disturbing. Microsoft will of course contest everything. Klein is saying this is a great victory for the American consumer; I doubt it. It is a defeat for the American investor. This will give the tech stocks a cold shower on Monday morning and now that MSFT is a Dow component, ditto for that index. I am looking for the low 80's or high 70's then some serious buying should emerge. Gates has called a press conference that will begin at 7:30 EST. IMO this could trigger a mini correction next week.
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