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Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST

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To: ToySoldier who wrote (10495)9/3/1998 11:35:00 AM
From: Sommers  Read Replies (1) of 74651
 
Soldier said:

<<...But Wall Street will surely react to the press reports from the pre-trial and trial and this has got to negatively effect the stock price..."

If this is true, and I hope it is, why were the heavy hitters loading up Tuesday? (more than 32 mil. shares traded) Why wouldn't they just wait and see how this plays out??

I believe no one really knows what's going to happen and the institutional guys can't take the chance Microsoft will just keep chugging. (Which IS more likely)

From the Street's point of view, "NOT having a MSFT position is far riskier than the alternative..."

Personally, I hope we see $40 by year end. It would be a dream come true.

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