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


To: Teflon who wrote (27055)7/21/1999 5:26:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Teflon, MSFT did pretty well--outperformed the market. The key is going to be the analyst meeting to predict its move in the next day but overall, i still expect to see it drop a bit---unless we get a DOJ settlement. Still long MSFT (only significant long position).

Lets see what effect greenspan has on the markets. The buying today could just be a lead into the "news". Basically, the same pattern could form as it has so far with earnings---sell on the news.

You mentioned that you were not in options and will just sit back and watch. I feel the same way but i am playing the market in both directions. NO OPTIONS, NO PROBLEMS--that is what allows me to relax. The stocks don't really have significant impact on my portfolio but options sure did. Maybe go out and enjoy the sunshine once i am done the course that i am on.