How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: t2 who wrote (18684)	3/24/1999 10:10:00 AM
From: Gerald Walls	Read Replies (2) of 74651

When the nasdaq slides downward, more subtle pressure to settle is being applied on the DOJ and 19 states. Too many Americans have a lot invested in technology funds and the S and P 500 index funds-not to mention big funds like Magellan and Nasdq 100 type of funds. All these people see MSFT as the top holding in most of their mutual funds I think you give the crowd too much credit. I'd bet most people couldn't tell you the classification (large growth, small cap value, etc) of the funds they own unless it's in the name. They buy the one that was hot last year.

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