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Technology Stocks : How high will Microsoft fly?
MSFT 477.74-2.5%3:59 PM EST

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To: johnd who wrote (48741)8/27/2000 10:28:36 AM
From: Sonny  Read Replies (3) of 74651
 
What would it take for MSFT to break out of ~82 resistance?

Could we gather our synergies here and jot-down a few of the reasons that we can think of, that will make MSFT price shoot-off beyond the recent resistance ~82?

As a start, a few comments:
(1) Post-Labor-day volume surge will help it break it.
(2) Windows2000 sales numbers will help it break it.
(3) Future +ve expectations at the earnings time this quarter, will help it break it!
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Please add a few points in the above list from your side.

regards to all,
-/Sonny.

p.s. check out some recent breakouts in BMCS, DGV, IMGN, and CPQ. Also, some excellent bottom-fishing plays presently IMHO are: KAB, SSOL, QCOM and OMKT !
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