How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 487.71

-0.1%

Dec 26 9:30 AM EST

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To: johnd who wrote (38954)	3/2/2000 7:23:00 PM
From: djia101362	Read Replies (1) of 74651

Sure would have liked to see Softee close above 95 today but the main thing is that we are headed in the right direction. If we had gotten the close above 95, I would have been looking for 100 tomorrow but doesn't look like we will get it until sometime next week. I think the important thing about today was that MSFT showed it is capable of going up when the Nas is down. (negative beta day) I would not be surprised to see more of these days in the weeks to come. It's just what johnd said, money from overvalued tech flowing into undervalued tech. IMO "old economy" stocks are still out and the money will keep moving around within the tech sector.

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