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


To: Jack Banana who wrote (25654)7/7/1999 6:22:00 PM
From: johnd  Respond to of 74651
 
Are we expecting 97.5 by tomorrow and 100 close by end of the week?
I doubt it, but possible. After Intel's earnings, there could be
big move to the upside. That may be final booster to the 110 target.
I am thinking of buying some July 100 strike options tomorrow.
Not much but some small participation that I am willing to loose.



To: Jack Banana who wrote (25654)7/8/1999 6:34:00 AM
From: t2  Respond to of 74651
 
Bryan, RE: Intel.
Just don't have any idea how that stock will behave. I feel that if one holds for about 7 it will turn out to be a great investment.
A lot of what happens after earnings is going to depend on comments from management. There could even be a selloff leading into earnings.
Sorry i can't give a clearer opinion as i am having a hard time trying to make sense of short term moves in INTEL.

RE: MSFT. I hope we get at least another 5 points but it will really depend upon whether the market itself continues the rally or stalls. It is hard to get a feel for when it will start declining. At this point it appears that we should move up for a few more days.