Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.730

+10.2%

Nov 11 3:57 PM EST

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To: BelowTheCrowd who wrote (4767)	11/8/1999 6:23:00 PM
From: RockyBalboa	Read Replies (1) of 10293

In Germany the prices for MSFT were the lowest. This is somewhat the scum part of it, on higher than usual volume it was weak, at E 77 or $80 and then it recovered slowly to $84. Looks like a "test market" to me. Germans threw out MSFT at all costs. Too bad that Eddie shorted there. On the other hand, neither MSFT nor brokers were willing to buy shares at nasdaq prices ($85, 86 and better) in Germany, appearently. The scare momentum was the highest, clearly. I also was a bit stunned when it traded 80. Ultimately, the DOJ did the market a favor. It created a buying opportunity in MSFT and in total, the market rose, taking into account that phenomenal rise of Unix-related stocks.

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