How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 480.61

-2.3%

11:43 AM EST

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To: Brian Malloy who wrote (32068)	11/6/1999 6:15:00 AM
From: werefrog	Read Replies (1) of 74651

Brain: Your suggestion of a 20 point drop is correct! I see you have experience about "Hit" days for stocks also. In my view, the bottom, or entry point, will be reached whenever MSFT trades about 10% lower than next Monday's daily low, so roughly 20 points sounds reasonable. Companies giving earnings warnings follow this pattern just about every time. But with the DOJ ruling and the MSFT found guilty being plastered on every newspaper this weekend, it might be even worse for this company.

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