How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 9:30 AM EST

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To: Brian Malloy who wrote (40284)	4/1/2000 10:52:00 PM
From: t2	Read Replies (2) of 74651

A $20 haircut should be expected in rather short order. Solid support would be at $72-$75 level if necessary. Brian, I think you are way off (at least i hope you are<g>). I don't see below $90. I would expect it to see over $100 after Jackson's ruling. We have to remember MSFT was also the victim of a move to high flying stocks earlier this year in addition to the legal problems. IMHO, the sellers got out when the fact finding was issued. Now we have mostly longer term investors. I still doubt of a major correction in the stock. Instead I look to a short term drop to the 90s and a quick rebound. good luck

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