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Technology Stocks : How high will Microsoft fly?
MSFT 476.93+0.6%Nov 25 3:59 PM EST

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To: t2 who wrote (19883)4/7/1999 10:50:00 AM
From: Teflon  Read Replies (2) of 74651
 
t2k, regarding my portfolio:

Lets just say that my total options position represents less than 5% of my total holdings. Enough about me, lets get back to the market and some good stock discussions.

What do you think of todays steady decline in the markets since the opening bell? MSFT is still having problems with the 95 barrier. I think this is actually healthy for the stock. If is does not consolidate at this level or even slightly below this level, the stock will have a hard time appreciating at the rates we have all become accustomed to. Remember folks, we now have 3.5B shares trading these days. Now, more than ever, a healthy consolidation is good for the long term health of this stock and our portfolios.

Teflon
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