How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 474.73

+0.5%

2:21 PM EST

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To: ed who wrote (14412)	1/16/1999 4:48:00 PM
From: Bill Holtzman	Read Replies (2) of 74651

ed, I disagree with you as far as short term trading. If you want this stock to drop, sell a couple million shares. As I argued in my last post, this isn't as hard as it sounds for some. Since it does only trade 15 mil/day, the stock will drop I promise you. If there are so many eager beavers waiting to jump in how come we watched the price drop over the last 2 weeks on avg volume while Nasdaq moved higher? There may be plenty of hacks like you and me to buy a few hundred shares on dips, but I'm talking about action which is out of our league. While we surf waves, these guys are making the moon change it's orbit to alter the ocean tides. There's a group of players at that level, and we can only hope to hitch a ride with them - otherwise we remain long term investors.

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