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


To: t2 who wrote (25624)7/7/1999 4:19:00 PM
From: Teflon  Respond to of 74651
 
t2k and Morgan, the Markets are so funny right now, it's almost as if the NASDAQ is on drugs. The behavior of late is very, very skittish. I agree with you completely that the sell off in the internets started earlier this Q than in the past, but that is the nature of the Market these days.

It seems every Q that investors look to beat historical trends by initiating action a few days earlier than precedent would suggest the activity would begin (selling).

The ultimate discounting mechanism at work, I guess.

BTW, I am hopeful that YAHOO beats both estimates and whisper numbers. I think they know they have to for YHOO stock to climb to a higher high than it set with their previous earnings last Q.

Just my opinion.
Teflon