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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: t2 who wrote (23470)6/2/1999 11:08:00 AM
From: limtex  Read Replies (1) of 74651
 
t2000


Well now what? Quote.com news says this morning that the market continues down for the rest of the week, that one more tiny piece of 'bad' news like on Friday if too many Americans have got jobs ( that iis now extraordinarly bad news in fact it is a disaster for 'investors' if too many Americans are in work) then 'investors' will start running out of stocks and into the safety of bonds.

Well that looks to me like the end of the market as we've know it. Is thre any reason to hold one share any longer?

MSFT bottom? ....will it hold $50 or even $40?

What should we hope for:-

A. Jobs and employment - ( really bad for the economy and will make old G seriously pissed off enough to knock 3,000 points off the Dow

or

B Growing unemployment (great news no worries for 'investors' here. Loads of Americans slung out of work and old G is happy as can be and doesn't want to put up interest rates)

Best regards,

L
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