How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 473.96

+0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Augustus Gloop who wrote (9270)	7/16/1998 1:41:00 PM
From: Brian Malloy	Read Replies (2) of 74651

After years of observing MSFT I feel that there is an 80% chance that MSFT will sell down by the close tomorrow. I believe MSFT will have good numbers, it will beat the estimates but the bottom line is in the chart this time. The stock has basically run up about 40+% for those that have held it for over 30 days. The good news is already in the stock price, the momentum players are in MSFT. It will be a simple case of buy on rumor and sell on the news. Look at what happened with KEA today after it beat its numbers by 5 cents. Also, put KEA and MSFT on a 100 day chart together, the similarities are striking. Right now, technicals more than fundamentals are driving the train. If you are holding July options or just playing the short term then today may be a decent exit point. Long termers as usual should just hold and forget. IMHO, Brian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next