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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Charles T. Russell who wrote (36402)1/13/2000 12:15:00 PM
From: johnd  Read Replies (2) of 74651
 
Can't help but notice the short term mood swings of the market and
people on the thread.

Date Dec 15, 99:
MSFT is done with Windows2000; beating sceptics expectations
Wall street comes out with increased earnings and revises
price target upward.

Several people on the thread rejoice. Come out with targets
of how MSFT will be at 140 by Jan 21st expiration of options
Some people even say how it would be at 160 in Jan and could
split and how it could hit 400 in 12 months.

A month later, Jan 13, 2000:
Same MSFT from a product, earnings, revenues point of view.
But press reingites focus to DOJ - MSFT trail. Market is
jittery. Shorts take over.

Several other people on the thread now take over and start
posting how it is a bad time to put money into MSFT, etc..
and how it could go further down, etc..

Opinions:
(a) Either ignore these mood swings completely and focus on
long term.
(b) Take advantage of mood swings by buying at max pain and
selling at max euphoria.
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