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


To: t2 who wrote (25043)6/28/1999 3:52:00 PM
From: Teflon  Respond to of 74651
 
t2k, I believe it's a little bit of both.

Though I am not buying, the transition has begun. Most of what I am hearing on the Street today is focused on EARNINGS, not AG. This is a good thing for the Market overall.

JMHO,
Teflon



To: t2 who wrote (25043)6/28/1999 3:57:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Very positive finish to the NASDAQ today. I like what I am seeing. Some money is coming out of the cyclicals and flowing back to the techs. Volume is still terrible, but I'll take it.

Teflon



To: t2 who wrote (25043)6/28/1999 4:00:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
There will be a lot of people calling this a "DCB", but IO would be careful. Some would look at the action in the internet stocks today and call a blowoff to the downside, with the only problem in that argument being the terrible volume. But the price action turnaround in the Net stocks today was dramatic.

Teflon