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


To: Teflon who wrote (23894)6/9/1999 3:09:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
<OT> Teflon - yes, I do intend to go for the ICG IPO through SFE. I'm somewhat careful, because several weeks ago my TA indicated that SFE should not dip below 65, and should eventually settle into low-mid 70s - yet it dipped to 62. Therefore, I am not trading it anymore - I can't read it as well as I used to. Now, I'm just holding it.

Morgan

PS You are right to warn folks not to pay attention to short term trading - I try to qualify my "trading" remarks with a disclaimer, that short term price movements are just "noise", and longer term, MSFT is a great holding. I have been, and remain, a very aggressive long term MSFT bull (at least over the next 2-3 years).



To: Teflon who wrote (23894)6/9/1999 3:12:00 PM
From: Teflon  Respond to of 74651
 
By the way, MSFT is having a terrible day in court, yet it is having one of its strongest trading days in a while. This case is going to the Appeals Process unless there is a remarkable change in attitudes prior to this phase of the trial ending and there being a settlement reached.

Can we all just agree not to talk about the trial anymore so we can start focusing on all the great initiatives MSFT is rolling out to market. I mean, Ballmer & Gates deserve a lot of credit here, folks. MSFT is repositioning itself extremely quickly. This transformation of MSFT is truly amazing.

Teflon