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


To: t2 who wrote (27299)7/25/1999 1:38:00 PM
From: werefrog  Read Replies (1) | Respond to of 74651
 
Tech2000: Did you see how msft acted during the earnings run?
It started going up from 76 about a month before earnings and reached it's heighth last Monday, earnings were reported after the close last Monday and it sold off beginning Tuesday. The only way a stock will continue going up through earnings is if they beat the estimates by a hefty margin. I caught on to the earnings run by looking at a 1 year chart. Of course msft said that they would have no problem meeting the earnings estimate several weeks ago, therefore the earnings run was a guaranteed nobrainer. Had they warned of trouble meeeting the estimates, it would have been a different story. My csco posting was speaking of earnings in general and I would do my homework before playing it for a earnings run. Have a nice day.



To: t2 who wrote (27299)7/25/1999 1:56:00 PM
From: Jim Lamb  Respond to of 74651
 
OT Since CISCO seems to always come up on this thread,which I don't mind because on their thread they talk so much about tech stuff that is way over my head I don't get to much useful info. Their 2002 LEAPS are now available. Check it out.http://www.edreyfus.com/cgi-bin/dbsclient?TYPE=F3&TAG=01QUOTEquote
On Topic. I'm still holding all my MSFT Jan. 2002 at 110 and 140. I came real close to selling 1/2 of them. I also wasn't expecting them to go so much out of their way to downplay their future after this earnings. I'm used to some moaning about the future that's just MSFT being MSFT but this time was truly overblown.