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Technology Stocks : How high will Microsoft fly?
MSFT 417.77+1.6%2:59 PM EST

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To: Peter Greenhill who wrote (3857)10/28/1997 8:58:00 PM
From: vinod Khurana  Read Replies (2) of 74651
 
Hello Pete...No, did not buy MSFT. My target remains $115 - $120.
I believe we will see it within 3 months. The chart clearly indicates
a slow trend to the downside. This stock would have to break $137.5 followed by $139 before I am convinced that this stock is going back to the $150's.
I am basing my analysis on support and resistance lines and will change my opinion if either is broken...to the upside or downside.

V.K

P.S What's happening in overseas markets ?
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