How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: Teflon who wrote (22173)	5/5/1999 4:15:00 PM
From: Sir Francis Drake	Read Replies (1) of 74651

OK - I now feel good about the TA showing an up day for MSFT tomorrow. Today's Nasdaq action pretty much sealed the situation. Everything I touched today (and I imagine that's true for every trader), turned to gold. I bought SFE at 68, it's at 78 - and I'm holding it longer term (Thanks, Teflon!!!!), I'm holding a huge chunk on NITE overnight (trading it today was just excellent), and I'm holding 2K of MSFT for an overnight trade - I'll probably sell it tomorrow, but I'm holding on to my long term MSFT. Ladies and Gentlemen, it looks like the FED will not raise rates, inflation seems under control (Beige book), we could see some return to the high growth stocks. Wishing for the best! Morgan

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