How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 474.50

-0.1%

2:22 PM EST

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To: Vadi Elumalai who wrote (36340)	1/12/2000 6:51:00 PM
From: PMS Witch	Read Replies (2) of 74651

Any opinion on short term outlook for MSFT? Judging by the recent price action, it looks like MSFT's stock price will decline significantly over the next few weeks to months. The shorts will have the upper hand until we see a brief period of sideways trading. The longs who load up then will enjoy the rest of the year. Don't worry about your February calls: they'll expire worthless. Cheers, PW. P.S. I wish I could've been more encouraging, but it's the way I see things. For your sake, I hope I'm wrong.

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