How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 487.10

-0.1%

Dec 29 3:59 PM EST

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To: Timetobuy who wrote (60385)	8/7/2001 9:56:39 AM
From: werefrog	Read Replies (1) of 74651

"If msft were to trade down to a peg of one" Hal C. Lindsey did see MSFT going down to $1 a share because of the year 2000 bug & he was wrong again. "DOW 6000 area or so, it will just languish" At some point, DOW & Nas will come back breaking to new highs. I've traded through many recessions & there is "always" a recovery. Yet, there remains a chance of a depression, so nothing is 100% guaranteed in the markets. Two stocks I've made money on in past recessions are Ford & INTC and I am looking to position trade them this time around. Since MSFT has never had a opportunity to stage a come back until now, the question is can it come back, IBM did. The market is acting like it wants to go lower, with Sept being the worse month for market performance, swing trading is the way to play until mid Oct.

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