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

To: Tom Bunge who wrote (26251)	7/17/1999 4:01:00 AM
From: Dwight E. Karlsen	Respond to of 74651

Tom, >Many thanks in advance and wish you a good close (above 95) and a good week-end< Thank you kindly. I certainly will have a wonderful weekend, now that my Oct 80 calls have appreciated another ~70%. As for TA: We (MSFT, that is) were up against the good ol' resistance line, the last one, that is, at $95-5/8. We be flyin' high now. MACD has been great for a long while (turned up over a month ago). Of course there is the stochastics, which have been in the overbought zone for over a week (as I recall). BUT, while I was mildly concerned about that, I knew that news overrides TA. And everyone knows what the "news" might be. -g-. I can't really speak for the volume, except that obviously traders have been busier elsewhere, probably in the younger internuts. Please stand by while MSFT takes center stage on Monday. -G- [edit - whoa! Since I just got home from work, I hadn't even looked past the "up 5". Did someone just press the accelerator? -gg- Obviously the volume (or lack of it) I referred to previous was in the past couple weeks]. If MSFT hadn't had that little conference call about the SEC accounting inquiry, Mr. Maffei may not have had a convenient opportunity to drop the broad hint about being "very comfortable" about earnings. Who am I too sell my call options before MSFT gets a chance to reveal just how comfortable Mr. Maffei was? Why, I'm just nobody. I didn't want to do that. Especially since we (MSFT) are (were) so tantalizingly close to clearing that 52-week high. And a good weekend to you too, sir. See ya at ~$105-110.