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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (23736)6/7/1999 8:38:00 AM
From: t2  Read Replies (1) | Respond to of 74651
 
Positives for today:
1. Steve Balmer on CNBC's Powerlunch discusses Office2k among other issues
2. Office2k released
3. The Asia handheld story posted by JFD.

Negatives
1. Trial with IBM witness.

I see a net positive here even if the trial does not go that great today. Any good news from the trial will be a big bonus (MSFT probably does not cross-examine the IBM witness til tomorrow--i guess). Microsoft does not face any stock specific selling pressures today or the week. I have thought about selling my July options position today but might actually only reduce it a little.
MSFT should do as well as the market at least.




To: Jill who wrote (23736)6/7/1999 1:51:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 74651
 
option007's attempt to drive Mr. Softee negative appears to have come up a little short. It looks like "selling the news" won't be part of today's program <g>. Imo, msft is pathetically oversold already.

Frank