How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 477.19

-0.4%

3:59 PM EST

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To: mxyztplk who wrote (2457)	7/29/1997 1:05:00 PM
From: Flair	of 74651

Arno & Ibexx, It is possible that there is another dip when MSFT announces Q1 earnings. However, I don't bet on it. There are few factors will counter the above scenerio: (1) Hot computer shopping season starts in Oct. (2) Windows 98 may have final test version in Oct, and may debut in Dec. (3) Merced project specification is unveiled in Oct. (4) Many persons are still expecting a stock split. Current downtrend resistance is at 134-135. I would consider it a good deal if I can grab more stocks or LEAPs when MSFT is around low 130.

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