How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.93

+0.6%

Nov 25 3:59 PM EST

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To: taxman who wrote (33177)	11/8/1999 5:19:00 PM
From: t2	Read Replies (2) of 74651

taxman, I decided to reduce my position in MSFT today. I still have some options but i did unload leaps that i had held. I waited until the stock hit about 88 before starting my selling. I just decided that the risk was too much for what one can expect in stock appreciation. I decided to keep my core holding in the stock and will get aggressive in buying when i see some stabilization or the mid 80s again. I am very bullish on this company due to Windows2000. However, i will wait for the momentum to turn positive. Maybe the shareholder meeting will do it. In the meantime, i decided to buy some Dell and Intel with the proceeds. I hoping for a gain prior to earnings or possibly afterwards. The Gateway and Apple stock have done very well and i can't see why Dell should be lagging significantly. Basically i am playing Dell and Intel with the MSFT i sold. Now i have a balance between these 3. My biggest holdings is still the fibre optics companies (primarily JDS Uniphase).

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