SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 487.71-0.1%Dec 26 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Drake who wrote (20517)4/14/1999 12:11:00 PM
From: larry  Read Replies (1) of 74651
 
I can't remember whether it's street.com or briefing.com. But you can see it with your eyes. The market darlings have been underperforming for the last 5-6 sessions. Sure it might be attributed to option expiration and CPQ-INTC disappointment, but the trend does not cheat.

Sofite has strong support at 89, which is split price. Historically, MSFT never goes below its split price. But with the recent weakness in the big cap issues, I won't be surprised to see the issue dip further. However, issue should at least test 95 for the earning rally. Same goes with AOL: it should test 170+ by the time they release report. However, with no split coming out of these issues, they are sure to go down after the reports. For MSFT, the case is about to reemerge.

larry!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext