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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: taxman who wrote (23279)5/26/1999 1:43:00 PM
From: Sir Francis Drake  Read Replies (3) of 74651
 
<<nonesense>> oh, OK. How about support for MSFT at the level of 25 cents? Does that seem unbreakable? If 67 1/2 is nonsense, what is your level of unbreakable? Oh, I know - *there is no such thing as a sure thing in the market* - wow, thanks.

To me 67 1/2 *seems* unbreakable. Of course, nuclear war, and other catastrophic events might break that, but crazy guy that I am, in my trading/investing I don't count with extraordinary events in the market. If extraordinary enough, T-bills too could be worth no more than toilet paper. Down here on Earth however, I don't take into account odds of 0.0001% and less.

So, while it may be nonsense to you, IMO 67 1/2 is solid support. Everything is a matter of opinion until it happens. I'm not in the habit of calling opinions nonsense, unless I have iron-clad reasons. I may disagree, but "nonsense"? Rarely.

In any case, I'll act on my convictions and you'll act on yours - "nonsensical" though they may be.

As I say to Toy soldier:

Good luck in all your investments.

Regards,

Morgan
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