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Technology Stocks : How high will Microsoft fly?
MSFT 459.86+0.7%Jan 16 9:30 AM EST

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To: larry who wrote (18643)3/23/1999 5:45:00 PM
From: t2  Read Replies (1) of 74651
 
Larry, I had thoughts of buying Dell but got the feeling there are too many investors who want to unload the shares. Decided instead to add 2k of MSFT shares.
I actually even got rid of my net stocks. Should have held on but will look for some buying opportunities.
The 30 bond looks to start moving up due to the Kosovo fears. Furthermore, what are the Japanese going to do once their year end repatriation of funds is complete on March 31?
Yup. Back into US treasuries pushing yield down and causing stocks to make another big run!!!
Late this week or early next----we should see yield on the 30year bond take a dive. That will do wonders for the equity market.

I think the techs bottomed out today or are very close to it. Once it happens, look for stocks like MSFT and Intel to rocket out fast. Both near monopoly companies should benefit the most. (I know about AMD but they don't compete well with Intel on the high end---that is where Intel monopolizes)
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