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Technology Stocks : How high will Microsoft fly?
MSFT 493.80-2.7%3:59 PM EST
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To: Alan Buckley who wrote (36863)1/19/2000 3:52:00 PM
From: johnd  Read Replies (2) of 74651
 
Alan, long term fine. But short term it is very weak being
down about 10 on 46 million volume. This is a bit unusual
to drop 9-10% on the very next day after EPS on such a huge
volume. I think the short term down draft is very strong and
will wipe my Jan 95 calls and will likely won't stop till
it drops to 90-91. Worst case low may be 85 - 88; where
softy bought 38 million shares last Q.
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