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


To: johnd who wrote (26365)7/16/1999 3:27:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 74651
 
johnd - it'll be a dogfight, obviously, but the traditional view is that the last 1/2 hour is when institutions and daytraders are in charge. So, unless retail investors come out in force with last minute orders, or traders take a gamble on holding overnight, or institutions suddenly decide to load up (unlikely), it would indicate that MSFT is not going to break and hold 100. However, with this volume anything is possible, I suppose :) Bottom line, odds say "no". What Mr. Market decides, we'll see.

Morgan