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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: DiViT who wrote (53949)12/7/2000 5:15:27 PM
From: Nancy  Read Replies (2) of 74651
 
there is Q&A and Conners didn't handle it well. He said MSFT unable to see thru worldwide demand, weak demand thru out all geographic regions... there is NO positive comments to assure confidence.

what you need to do is to trust the tape instead of only reading the official words. Tape is the reflection of collective actions of both institutional and individual investors. official words would not make you much money, the tape save you money in this case or make you money if you go short/buy puts.

yes, naz in a downtrend, but there are stocks bounce back strongly from 11/30. there are stocks continue to make new lows - tells you where the money wants to go.

btw, someone on this thread took issue at Fleck - Fleck has been right since Y2K on PC's - He was way too early in past, but his comments on Y2K inflated PC demand and soon we will see the downside of it has been on the money.
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