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

To: Sir Francis Drake who wrote (23903)	6/9/1999 3:27:00 PM
From: Teflon	Respond to of 74651

(ot) Morgan, the great news is that with SFE, you don't have to buy more SFE to lower your basis in the stock. One can pick and choose which IPOs of SFE you want to participate in, based on the investment company and the mood of the market, and by selling these IPOs into the market, one can will lower their basis in SFE stock (by defacto SFE profit taking) assuming the IPO shares are sold for a profit. I love the opportunity. Teflon

To: Sir Francis Drake who wrote (23903)	6/9/1999 4:06:00 PM
From: Teflon	Respond to of 74651

Let's see, yesterday the NASDAQ tumble 50 points and MSFT loses 7/8, while today the NASDAQ gains 45 and MSFT gains ~ 3. I know where I want to place my bets. MSFT is headed north. Also consider, bond yields now over 6% and consensus is now saying that yields may head even higher while Y2K fears are also starting to hit the market. The DOW is at its 50 day moving average and internet stocks are ~ 40% off their highs. Does anyone know where the market is headed? I doubt it, but I do believe that inflation concerns are overblown and MSFT is starting its move. Regardless of where rates go, this will not directly effect MSFT in that they have no debt. MSFT starts to even look better, all of a sudden. The spending will be there regardless of rates being at 5% vs 7%. Companies need to invest in tech to survive. It's a fact of life these days. There's just no choice involved. I think, IMHO, the tech sector is getting ready to run. Teflon