Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Augustus Gloop who wrote (29688)	4/21/2000 1:37:00 PM
From: Jorj X Mckie	Read Replies (2) of 63513

I don't think that I have read one bullish thing since the MSFT notice has come out. I will be the lone voice. Maybe we get a reflex selloff on the MSFT news, but it isn't like some analyst didn't warn the world about 3 weeks ago that MSFT numbers would be soft. The bad news is out now...no more rumor. I think that we get one more buying opportunity (those cycles guys are pretty good lately) and then I think we go up. Either way, I don't think that we go below 3350. Personally, I think that some consolidation around 3400 would be a good thing. MSFT may still have a big market cap, but I think that they have been less and less of an influence on market opinion in the past year. OG has been warning about MSFT for a couple of months now and I have great respect for his insights. The point is, people that are in the "know" already sold or protected themselves on MSFT. Sure the little guys will likely sell on Monday, but I doubt that it will be the huge volume that one would expect in this situation. JXM

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