How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Jacob Snyder who wrote (44933)	5/18/2000 2:54:00 PM
From: werefrog	Read Replies (2) of 74651

"Do you have a plan" The play is buy at lower end of trading range & sell near upper end. I would sell for a loss if it breaks below 65. It will not gap down below 65 unless "Bad News" comes out after hours or premarket & since I have trading capability during these times I can sell immediately upon recieving news. However there is a chance news could come out after all market hours, so there is some risk anytime you hold overnight. I've made over 10 points since msft bottomed at 65,so I have a little cushion to work with. I remember playing MSFT a few years ago when it was in 130 - 140 trading range and I must have made 20 round trips, making about 5 points per trip, before it broke out of that trading range. JH

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