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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: taxman who wrote (23156)5/24/1999 11:27:00 AM
From: t2  Read Replies (2) of 74651
 
taxman, Considering Nasdaq is down 40, MSFT is holding up very well. Is this another sign of strong support at these levels?

The decline in the net stocks could also be a positive factor for MSFT in at least a couple of ways:
1. makes it easier for MSFT to be buy missing links to their MSN portal.
2. makes the momentum type of investors start going back to one of their "old" favorites--away from the net stocks.

Is there any doubt that MSN will continue outgrowing the other major portals? I think is on a roll! It is a great site that gets better and more accessible. I actually use the Canadian version www.ca.msn.com.

BTW--I got rid of my last net stock--ATHM, at least for now. I am staying away from this sector and instead am going to look into options on MSFT when the time is right.
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