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

To: JP Sullivan who wrote (26599)	7/18/1999 10:28:00 PM
From: J. P.	Read Replies (1) \| Respond to of 74651

Winston, The question was not asked me, but I have to say it was a loaded question who's implicit assumption is a correction in Microsoft. Now what makes you so sure?

To: JP Sullivan who wrote (26599)	7/18/1999 10:53:00 PM
From: Sir Francis Drake	Read Replies (2) \| Respond to of 74651

Winston - the timing is hard to predict with any degree of accuracy, as it depends on so many factors which are impossible to anticipate (What if China devalues? What if it coincides with some devastating development w/ the DOJ trail? Etc.). However, if I had to lay odds (and probability is the only thing you can deal with), I'd say the the trickiest time will be late October, through November. The correction will probably start very soon, but after some backing and filling, pick up steam to the downside starting with the latter part of October. Obviously, these are mere technical projections overlaid with some wave and chartwork - I treat is as a very rough outline to be tweaked and adjusted as the data flows in. Good luck! Morgan