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


To: Alan Buckley who wrote (26409)7/16/1999 6:38:00 PM
From: t2  Respond to of 74651
 
Alan, i realize the Bristol verdict was out before market. The tracking stock news was out before market close on Bloomberg yesterday. I have been surprised by the delayed reaction to the MSN news. I had expected the stock to move up late yesterday and was surprised it did not.
The Bristol story broke well after MSFT had made huge gains. It did not have significant impact but when the news is digested, it will be very bullish for MSFT. Just watch the premarket quotes on Monday morning---that will surprise everyone.

I understand what you are saying but you would be surprised how news gets digested. As i stated earlier, a sentiment shift has taken place for now and that will blow the 100 ceiling we are seeing.