How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

Nov 19 3:59 PM EST

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To: Teflon who wrote (19315)	3/30/1999 3:53:00 PM
From: Sir Francis Drake	Read Replies (1) of 74651

Thanks, Teflon. So happens, I am in AOL - it made me a ton of money. What interests me is what the stock price will do, and so I don't concern myself with whether MSFT will eat AOL's lunch or not (in the short term). My perspective is that there are certain marketplace dynamics which have little to do with "objective" business realities, but which keep pushing AOL's stock higher. Good enough for me. One of those bullish forces was inclusion of AOL in the S&P 500 - index funds (the fastest growing MFs) - now have to buy AOL no matter the price<ggg>. In any case, I'm going cash sometime tomorrow (in my trading portfolio), as I expect a bit of a pull back toward the end of the week, but I agree with you: unless you are willing to daytrade full-time, it's better not to try timing the market (simply hang on to your MSFT and AOL). Good luck! Morgan

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