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

To: Brian Malloy who wrote (24492)	6/21/1999 7:35:00 AM
From: William Hunt	Respond to of 74651

Thread ---Microsoft Corp. The Wall Street Journal -- June 21, 1999 Options Report: Options Traders Broom the Triple Witch Aside To Continue Their Drive Into the Tech Sector ---- By Steven M. Sears Dow Jones Newswires NEW YORK -- The most notable feature of Friday's market was the continued push into the technology sector, not the triplewitch expiration of options and futures contracts. The buying activity stood out because Intel Corp., one of the sector leaders, declined after an influential Morgan Stanley Dean Witter & Co. analyst lowered his earnings estimates. Traders didn't let Intel detract from their optimistic outlook in the sector. They treated Intel as a case-specific event that would have little impact on other technology-stock prices. Call buying was active in Cisco Systems Inc., Dell Computer Corp., International Business Machines Corp. and Microsoft Corp. BEST WISHES BILL