How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.29

-1.8%

Nov 20 3:59 PM EST

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To: Uncle Frank who wrote (18633)	3/23/1999 4:27:00 PM
From: t2	Read Replies (1) of 74651

What happened here? The trial probably going to get pushed back into sometime in May. The only news that should come would be negotiation attempts which is a good sign to investors. Split this week. Possible reorganization very soon. Microsoft and Teletubbies announcement tomorrow (it can't hurt). Intel has not warned (this would affect a lot of tech stocks). The 30yr bond is moving up a little today. Office2000 just about to launch--should be a lot of real hype associated with this one, certainly more than Windows98. MSN doing great. Downloads of IE5.0 should also help MSN numbers. IE5.0 is also expected to dominate the browser business making it hard for AOL to launch an effective challenger that would be accepted by other ISPs, who are their competitors. The bargain hunters came in the last 5 minutes to push the stock above 167. So, what is the problem? My guess short term price drop due to the indescrimate general selling of the markets and especially the techs. Could this be the bottom in the techs that everyone wanted? Looks like it to me.

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