How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: cheng-heng Lu who wrote (324)	10/24/1996 5:36:00 PM
From: Valley Girl	of 74651

Felt obliged to give you another (apologies if I'm boring other readers): INTC: looks extremely strong. Lawrence Kam was right, and I was wrong, this one is starting to look like an attractive accumulation around 110 +/- 5. Support around 105 looks firm. Might even be tempted myself if it gets below 105 again. Barring a major crash, won't ever see below 100 again. MSFT: possibly firming. Opinion unchanged, I don't believe it will fall much below 125, and frankly I might even buy a 500sh block if it gets to the low 130s, even though (alas) I still think it's over- valued. CSCO: Something's up, the chart looks bad. Sold my 1000sh into yesterday's rally. I feel like a rat deserting the ship, but my $61K is still in my purse, and that's what counts. Won't buy unless it gets significantly below 60. Currently have no position. SEBL: Saved again! Sold a 1000sh block at $54 today. Won't buy it back unless I can get it below $51. Still holding the shares I purchased earlier this year -- huge paper gain, don't want to pay the tax. Up or down, will keep riding. SUNW: Opinion unchanged.

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