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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: dav who wrote (16323)2/18/1999 1:38:00 PM
From: t2  Read Replies (1) of 74651
 
"How low can it dip?" Tough question.
I had thought it bottomed at 160 and now at 150. I am not sure if all the jittery ones are out yet. When the stock keeps moving down, the big guys don't want to jump in until most of the selling is over.
IMHO--we might be close.

If it has 2 to 4% up moves in a day---could create momentum in positive direction. Hard to predict.

The split is too far away and so is earnings to cause people to jump aboard at this time. As a stock it is a bargain but my options buys should have waited til today.
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