How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 493.83

0.0%

9:45 AM EST

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To: Sonki who wrote (18834)	3/25/1999 2:24:00 PM
From: Brian Malloy	Read Replies (3) of 74651

I think we will hit $92.50 tomorrow intraday and probably close around $90. The key to the above statement is closing at or above $176 today. Intraday we have broken through a double top at $176. This is very very bullish. If you close above that point and barring anything new that jars the whole market MSFT has room to $95-$100 range next week. I'm holding Apr 165's. Sold some today, will sell some more tomorrow and close out the position next week depending on how the market is doing. Once we are past the first week in April people should be very cautious about this market in general. Regards, Brian

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