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Strategies & Market Trends : Steve's Channelling Thread

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To: Steve Lee who wrote (2159)6/6/2000 4:18:00 PM
From: Bosco  Read Replies (1) of 30051
 
<edited>Hi Steve - I tend to agree with Zeev, MSFT is making too many mistakes these days. While the sell side analysts may still try to pump it, it is a best range bound. If the growth folks are abandoning ship but the value folks still think it is too expensive, it makes a heck of an awkward moment.

<edited> IMHO, the real bad news is there is no settlement, so this will linger. Of course, there is always a possibility of a bear trap, which can be an excellent trade for short term traders.

best, Bosco
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