How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 9:30 AM EST

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To: ed who wrote (18686)	3/24/1999 9:31:00 AM
From: Teflon	Read Replies (2) of 74651

Mr. ed, yesterday's trading started out strong. MSFT opened up and crossed over the 174 mark even as the NASDAQ (including DELL) were trading down. TO ME, THIS IS A BULLISH SIGN. As far as the rest of the day, well when you combine a new war being launched along with further tech downgrades being tossed around like popcorn at a movie theater, MSFT really had no choice but to give in. ESPECIALLY WHEN YOU CONSIDER THAT MSFT IS WITHIN 10 points of a new all time high, and other tech bellweathers are 20-35% off their highs. I stand by my statement that MSFT is behaving very bullishly at this time, and I fully expect MSFT to race towards a new high once the Market turns around. Hopefully by the end of the week, if the bad news subsides. Teflon

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