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


To: Frank Ellis Morris who wrote (24711)6/23/1999 9:41:00 AM
From: Teflon  Respond to of 74651
 
Easy there, Frank. If you read many of my prior posts of the past two months, you will find plenty of posts from me cursing and screaming about the jawboning and BS coming out of the FED Board.

The volume is an indication of the uneasiness in the Market. It's a symptom. The good news is that there have not been many down days like yesterday with seriously high volume. That would be a terrible indicator for the Market going into Earnings Season.

Teflon



To: Frank Ellis Morris who wrote (24711)6/23/1999 9:42:00 AM
From: t2  Read Replies (1) | Respond to of 74651
 
Frank, I think even if the market stays flat for 1 month, MSFT will still go up significantly. Its stock price has been depressed due to the trial. The trial conclusion is not going to be that bad---once it gets all settled (appeals or settlement). I should move up to an all time high even if the nasdaq remains at current levels---well at least to 90.
Maybe i am too bullish on this company.