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

To: Cory Gault who wrote (25054)	6/28/1999 8:07:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

I don't think today was a trial relief rally, but an interest rate relief rally across the board. I don't think the trial has had a huge effect on this stock one way or the other. I agree with the interest rate relief. However, i believe this stock has been kept down due to the trial---should have been at 110 (my guess) right now, going into an earnings rally. That is optimistic picture but that is where i feel this stock would have been. Legal problems scare a lot people. Too much good news about the company's products---the PE worries would not have brought it down. To some extent a relief rally from the trial will also work its way into the trading on this stock----resulting in MSFT outperforming the general market.