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


To: mozek who wrote (26975)7/21/1999 1:51:00 AM
From: ToySoldier  Respond to of 74651
 
Mozek, you can look at my predictions on the Novl stock back in Jan 3rd of this year on SI. I predicted that Y2K fears will start to grip NOVL and the market around the summer of this year. I dont think we have seen the worst of this downtrend yet in the Tech sector. I also think the other sectors will be pulled into this Y2K defensive strategy as we get much closer to the event. Its just that the tech sector is the most closely related to the Y2K issue and investors assume that this means this sector will be first hurt. Perception becomes reality when it comes to the stock price.

Toy