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

To: Brian Malloy who wrote (24412)	6/18/1999 11:59:00 PM
From: taxman	Read Replies (2) \| Respond to of 74651

"William O'Neil" i read his book and agree with him that it is generally better to buy stocks making new highs than looking for bargains. his sell advice is based on 8% stops which would have caused me to sell all my winners such as yahoo, dell, cisco and msft at much lower prices. i have found however that many of the stocks featured in his newspaper (generally making new 52 week highs) have been winners. as for the cup and handle there was a lot of discussion about it when the stock last hit 85 only to drop into the mid 70's. i had heard that the fund he managed, the o'neil fund, collapsed. regards