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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: johnd who wrote (14515)1/18/1999 6:57:00 PM
From: 16yearcycle  Read Replies (1) of 74651
 
I think your concerns are valid, and the q and outlook will tell the tale. Normally I would give you an 80% chance of being right, but I think the q could be huge and they could be seeing a strong q3 already.

As I said, I will sell some in the am on a run up despite my bullishness on MSFT's business outlook.

When the fed is clearly in a non-easing mode again, say in the late summer or fall as Asia looks better and Brazil is stable, I expect big trouble. The fed will try to deflate what they inflated. We should have some good buying opportunities at that time. I just think the fed will have to stay easy right now. Internet mania will continue to weaken. I expect AG to rattle his saber a bit, but to keep the pump primed.

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