How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.24

+0.3%

3:59 PM EST

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To: David Howe who wrote (49388)	9/15/2000 2:34:21 PM
From: johnd	Read Replies (2) of 74651

Harvey, pathetic stock for a whole bunch who invested during last 2 yrs. People with 1 yr horizons lost tons of money. People with 2 yr horizons lost a little, so far. == IMO, $60 is strong support for the stock. Long term investors, institutions and MSFT will increase their holdings at this level. They will stock up for better times to come. Next year will be a much better year, IMO. A strong move higher could come as soon as later this year, we'll see, but I think that we are seeing a basing period that will last a few months. This trading range will shake out the weak hands and create a base to build on in the future.

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