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Technology Stocks : How high will Microsoft fly?
MSFT 491.12+1.7%Dec 8 3:59 PM EST

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To: t2 who wrote (20799)4/20/1999 3:29:00 PM
From: Teflon  Read Replies (1) of 74651
 
Hey there t2k, remind me never to take another vacation. Work has been crazy since I returned and I just haven't had the chance to get on the Board until now.

Hang tight on earnings today. I am expecting $0.35-$0.36 EPS after the Bell. It's too bad the market sold off yesterday, MSFT has been releasing some great PR leading up to this earnings announcement.

Just goes to show, nobody can predict this Market with certainty. I am still bullish on the Market and MSFT overall, and I am starting to wonder if the cycle has gotten so mixed up that the whole "buy on rumor - sell on news" theory has just been tossed out the window. The rotations in the Market are fast and furious these days.

MSFT will set the tone of the high tech Market going forward with this afternoon's earnings release. If it is extremely bullish, the past few days have represented yet another superb buying opportunity.

Teflon
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