How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 491.13

+1.2%

12:47 PM EST

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To: Sir Francis Drake who wrote (22584)	5/12/1999 5:54:00 PM
From: t2	Read Replies (1) of 74651

Morgan, I have not kept up with the trial schedule. Do you or anyone else know when it is supposed to resume. I had heard late May. I am just planning my trading around the resumption of the trial. IMHO, buyer are not stepping in simply because they think big sellers are out there. I sold at 80 5/8. The stock is stuck between 79 and 81. The big buyers (especially momentum investors) are waiting as long as possible before shooting this stock up. I hope that I don't mess up my timing to repurchase the stock. I am very concentrated in American and Canadian cable stocks at this time and am looking for a little more upside before some profit taking on this sector and get back into MSFT and INTEL. Intel has not done very well in the last little while. At some point in June I expect both to start gaining in a big way.

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