I bought MSFT at $88 1/4 for it went down w/ light vol. 9,474,900 vs
an ave. vol of 13,594,318 indicating a bottom is forming around this level. I think the 13 AGs will not successfully block Win98 by May 15 for shipment to PC Mfgrs. Once the 5/15 shipment is carried out, it makes little sense for the 6/25 block to retail stores. Under this scenario, MSFT can easily pop to $120 in the summer for investors anticipate a major product upgrade cycles including Win 98, SQL Server 7.0, NT 5.0, Office 99, Back Office suite, Proxy server. MSFT prices pops up during every major release cycles suh as Win 95, NT 4.0, Office 97. I don't want to miss the boat this time. Waiting a couple more bucks might cost me a great opportunity in the long run. |
