How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

-1.0%

Dec 12 9:30 AM EST

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To: ed who wrote (38138)	2/19/2000 10:02:00 AM
From: Captain Jack	Read Replies (1) of 74651

ed-- I would never short msft,, but will not hold through a drop of over 30% and watch gains run away. If a repurchase a few points higher is required that is better than holding at a loss for any period. Besides our problem with the doj all mkts are beginning to feel Uncle Als kicking and screaming. He wants to see traditional P/Es and will do anything possible to see them back! The only reason I held through Fridays debacle on GE and AOL also was it being options day,, if things do not look brighter Tues it will be time for a rest until things stabilize or turn,, but I would not short any of those three... Yes-- If things get rocky I'll be away for awhile and would dream of 80,, but if the resistance at 93 does not hold look for the 80s easily IMO. A settlement by msft would be great for the entire tech sector at this time,, maybe Uncle Al and the judge are talking,,

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