How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 474.56

-0.8%

3:21 PM EST

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To: Teflon who wrote (23010)	5/20/1999 12:51:00 PM
From: Sir Francis Drake	Read Replies (1) of 74651

Yeah, but are we going to avoid a panic? Right now the market is clearly undecided - the damn thing has been trading flat ($COMPX), and only the mo-mo guys are making serious action. HLTH is unbelievable - BTW, I think it has legs, the MSFT etc. investment legitimizes it in a way that's like Viagra for the mo-mo crowd. I've been playing the mo-mo with SWS - unbelievable... 12 point gain yesterday (18% appreciation), another 9 today so far - gotta be a trader in this market, then take the profits and dump in solid long term stocks. The only nightmare are taxes - my CPA loves me. Options exp. Friday may be also a factor, but I'm bullish on the market going forward for the near future. As to MSFT, we'll have to agree to disagree on one point - I think the influence of news is so strong on MSFT right now, that any crazy thing can happen. During times like these (strong news influence), I tend to discount TA. Good luck. Morgan Edit: damn SWS is at 11 point gain!

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