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


To: t2 who wrote (26961)7/21/1999 12:19:00 AM
From: codawg  Read Replies (2) | Respond to of 74651
 
Earnings wrap-up from the Seattle Times:

seattletimes.com

I like this quote from an analyst:
"Microsoft will do a tracking stock. In the big picture, what does it matter if it's in two or three days or two or three months?"



To: t2 who wrote (26961)7/21/1999 6:09:00 AM
From: Bill Holtzman  Respond to of 74651
 
>>Does anyone really feel there is significant upside potential in MSFT for the next month?<<

Didn't you think the action after the Jan earnings report was bizarre? It ran up after the blowout, then dropped back well below the previous high of 156 and only recently did it break out of that area. Some well-heeled folks obviously knew how well that quarter had gone.

What if the same ones know the current quarter is going to rock? The stock would start moving up over the next two months, IMO.