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

To: Jill who wrote (23885)	6/9/1999 2:35:00 PM
From: t2	Respond to of 74651

Hope it it really starts rallying now and helping tech sector--tho Morgan posted a little earlier he thinks short interest will bring it back down at day's end. I hope so (I feel guilty saying it though). I sold all my trading shares below 81 and i need to buy them back. However, I am starting to have some doubts on it coming back down to below 81. I might actually have to buy high today. I believe it broke through some technical level as well.

To: Jill who wrote (23885)	6/9/1999 2:42:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Morgan is always a terrific source of information, yet sometimes I fear his, mine and other short-term views/observations may influence folks unnecessarily...If this is a long term holding for you and you are more interested in trends on a weekly, monthly or longer term basis, I would not get too caught up in what Morgan, myself and other spew out when we pontificate about daily trading patterns. Unless, of course, we are a day or two prior to an options expiration! I am more bullish on MSFT than I have ever been. I have been out visiting with almost a hundred small tech businesses over the past two weeks, and I will tell you that MSFT is involved with almost 75% of them. This is a very good sign, and I heard many positive reviews of Ballmer's impact on the MSFT organization. Full disclosure: I have sold 50 put option contracts on MSFT with expirations over the next 1-4 months. I am very confident that MSFT will regain its positive momentum in a sustained fashion in the near future. Regardless of where it closes today, I would suggest this has actually already happened. BTW, MSFT sold off yesterday with the rest of the Market when the comments hit the wire of a FED member blowing hot air regarding the interest rate front. If another Fed member says the same thing today, the same may happen again, regardless of any short interest. I am starting to think all these Fed Members are getting jealous of AG's celeberty status so they're all jumping at any chance they get to have bold statements quoted on the newswire. It's getting very, very out of hand. It's good to be back. Teflon