How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.69

+1.1%

Dec 11 3:59 PM EST

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To: Chetman who wrote (36201)	1/9/2000 1:33:00 PM
From: ed	Read Replies (2) of 74651

Thank you for your comment. I think the DOJ thing has already been built into the stock price , and it is now a pure fundamental and New product play. Don;t you think it is a Microsoft trading pattern, i.e break out and retreat back for 5% to 10% and consolidate and break out again ? Did you see that trading pattern lately ? If the DOJ think is a real threat, Microsoft should either not move up at all or just have been down to the drain. Look at MO !!!! To me, I think the trading pattern of Microsoft gave a lot of opportunity for long term Microsoft investors to build up the base at lower price. To accumulate 50k shares at a lower price during the consolidation and shoot up for $10 is better than stock shoot up to the sky in two days, but you have only 1000 shares. So, the trading pattern gave real investors a lot opportunity to accumulate at low price base.

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