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Technology Stocks : How high will Microsoft fly?
MSFT 487.10-0.1%3:59 PM EST

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To: mxyztplk who wrote (2722)8/15/1997 8:56:00 PM
From: Joan Osland Graffius   of 74651
 
Hi Arno, I would like to add some realism to the current market situation. My portfolio has been heavly weighted in the High Tech sector for years and experiences 10% to 15% corrections often!!!! At least once a year if not twice. Now Microsoft is only down 12% from its high and this is a normal swing. In my opinion this is just part of the game. What it does do is get rid of the weak players. Also if anyone was watching the last hour or so of trading today the buyers were on vacation and the sellers dumped - the volume was low. The "real" question is - is Intel and Microsoft going out of business - not anytime soon.:-) IMHO

Joan
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