How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 477.74

-2.5%

Dec 3 3:59 PM EST

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To: John F. Dowd who wrote (3294)	9/23/1997 10:31:00 PM
From: Joan Osland Graffius	of 74651

Hi John, >>I observed that all the real trading and volume per minute occurred in the last 40 mins. or so in all the techs (especially Wintel) that moved up The Microsoft trading looked like someone came in to buy 300,000 shares and the MM as he/she was collecting the shares to fill the order caused at least a 1 point gain in the stock. (This order is close to $40.38 million and not your every day Joe on the street) If my reading is right it came in as a market order. It looked unusual to me because if it was a fund was doing the buying they would come in with smaller buys like 10 30,000 orders and let the MM's share in the filling of the order. Interesting to say the least. Joan

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