How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 486.98

-1.4%

3:59 PM EST

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To: Drake who wrote (20600)	4/16/1999 8:23:00 AM
From: John F. Dowd	Read Replies (1) of 74651

Drake and ALL: I saw it on TV this AM and it seems that the talking heads are putting a negative PC spin on it saying that this will replace the PC. In my opinion it will only serve to enhance interest in the web which will lead people up the food chain to the PC. In another twist of logic SUNW came out with earnings that exceeded by a penny and was rewarded with a selloff in after hrs. and pre-hrs. trading. This whole business of buying into and selling out of the earnings announcement is amn indication of how short term trading is currently in control of this market. On the other hand XCIT missed by 1 penny and wasn't smacked at all because their revenues grew. JFD

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