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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: Green Receipt who wrote (16667)2/22/1999 1:16:00 PM
From: limtex  Read Replies (1) of 74651
 
DS and all -

I am bothered by the use of the word " Correction" in relation to the drop in the stock price from $175 to where it is today.

IMHO this is NOT correctly described as a "Correction". A true Correction would be if the stock were to move to where it should be namely nearer to $250. That would be a "Correction".

What the stock has done in falling from $175 should be described as the opposite of a correction perhaps a "Mistake" e.g. the way it should appear in articles is:-

"The recent Mistake of the market in the share price of MSFT has....."

Regards,

L

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