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Technology Stocks : How high will Microsoft fly?
MSFT 473.99+0.4%Nov 24 3:59 PM EST

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To: LindyBill who wrote (16262)2/17/1999 10:36:00 PM
From: t2  Read Replies (1) of 74651
 
Hoping stock holds about 150 for a couple of weeks til we start seeing the momentum investors pile on.

Notice how Dell even after its so so November earnings release went from 65 to 110 ---why? Momemtum investors.
I think they have more friends in MSFT and INTEL, the companies that blew away last quarters.
I have more faith in MSFT though.
We will start to see the momentum players come in early this time due to the split --meaning mid March. If there was not split, it would have been late March.
Looking to make a "killing" in options and feel confident about it.The negative sentiment out there on tech is sign of bottoming to me. Notice how the market does not discriminate that much between the winners of last quarter and the also rans---general selloffs means big buying opportunities in stocks like MSFT.
JMHO
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