How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 493.80

-2.7%

3:59 PM EST

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To: Insitu who wrote (44978)	5/19/2000 12:39:00 PM
From: Jacob Snyder	Read Replies (1) of 74651

Nope. 65 not holding. I'm on the sidelines, watching very carefully. Since the 1999 top, MSFT has made downmoves in a very sudden fashion, not slow long slides. Now that everyone is saying, "you can pay too much for a good company", I think we're going to see some good valuations on good stocks. Still 60% cash, since I'm buying WCOM, but I plan to be back to 80% invested by the time the Fed next meets next (end of June).

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