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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Johnny Canuck who wrote (25898)	4/3/2000 2:17:00 PM
From: j g cordes	Read Replies (1) of 68187

Harry, the Naz target I posted you is looking reasonable. I'm sooooo tempted to go for a quick kill on MSFT here. Wondering if the judge says the obvious, won't the stock simply rebound. "In a Saturday press conference, Microsoft officials made it clear that whatever the judge rules they are prepared to carry out the case as far as necessary -- including appeals -- where they hope to receive vindication. Microsoft general counsel William Neukom said at the conference that Microsoft had won on appeal before, after losing at the trial-court level. Appeals would likely last at least into 2002, experts have said." I expect they'll be in litigation anyway, regardless of this outcome... and they've got the cash to support it. Guess I have until the close to decide..

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