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Technology Stocks : How high will Microsoft fly?
MSFT 486.50+0.3%Dec 23 3:59 PM EST

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To: mxyztplk who wrote (3134)9/17/1997 6:42:00 PM
From: John Chen   of 74651
 
Thanks, Arnold. Just appreciate you knowledgeable guy on
business pratice and common sense. I'll sit back and enjoy
these SI postings. I followed MSFT,INTC,TXN,BAY,SUNW,HWP and
CYRX(not any more). Maybe one day, I figure out what means what.

From near term price basis, it seems MSFT is still vulnerable. I
should have 'bought' instead of 'sold' yesterday when 'panic kick in'
with the product delay announcement.

I read the CFO's statement of "flat period" as a sign of short term
weakness. The momentum players would hit the exit right away and I
was scared out. Andy Grove said "Only the paranoid survive". Hope
my small lost trade me some experience. I sold at 133 3/8, waiting
to come back and just sit and way.

Now that it's kind of settling in, THAT product delay really don't
mean a lot. With all the new and powerful PC coming on stream like
crazy, Window95 probably makes more money for MSFT than 98. My PC
is still with window3.1 (Sorry guy, can't keep up with the price
depreciation of PC). I'll going to upgrade to window95. I'll buy
into it. Window98 is another story, though. By that time, most
new computer can upgrade to 98 without hardware upgrade.

Best regards, John.
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