How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 413.63

+3.2%

Feb 9 3:59 PM EST

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To: vinod Khurana who wrote (3708)	10/22/1997 11:43:00 AM
From: vinod Khurana	Read Replies (1) of 74651

To all: The 50 day moving average started pointing down beginning in the week of Sept. 26th. The spurt we had yesterday was a suckers rally...I repeat a suckers rally. The gap left at yesterdays opening will be filled within the next two weeks and possibly sooner. That means a revist to the $132 1/2 is just around the corner. The DOJ is not about to back down anytime soon and the longer this issue remains unresolved, the higher the probability that MSFT stock will languish in a narrow range....keep in mind that the markets hate uncertainty. I see $122 - $125 very shortly. Load up on the put options if you can afford the risk. V.K

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