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Technology Stocks : How high will Microsoft fly?
MSFT 476.93+0.6%Nov 25 3:59 PM EST

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To: SuperSonics who wrote (11531)10/21/1998 9:57:00 AM
From: John Chen  Read Replies (1) of 74651
 
SuperSonics,re:"close..112". Normally, that's the open. Market seems
to have changed regardless of earning. Most open 'moderately higher'
and then drift lower. Eg:INTC,SUNW,TXN. If you get no respect, you
open lower, eg: AMD, lost 3+ after blowout report. Don't expect too
much short term, we have 'tax-gain, tax-lost' selling in work for
the next 2 months. A lot of folks will have to sell 'MSFT/DELL' like
stocks for tax-free gain to cover other downers(a lot of them this
year). Sorry if you are die-hard MSFT/DELL longs that only own
MSFT/DELL.
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