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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: Kelly G. Splitt who wrote (1615)6/17/1997 1:47:00 AM
From: Ibexx   of 74651
 
Kelly,

I think MSFT's present price action reflects both the vision of the future (all the strategic issues that have been alluded to) and some near-term initiatives: namely, the pending price increases of NT announced last Friday.

Although not a card-carrying T/A person, I do occasionally examine the charts for a second set of reference points. As of today's closing, nearly all parameters look extremely positive--likely the beginning of another leg for the near term.

Regards,
Ibexx
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