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

To: Brian Malloy who wrote (27368)	7/26/1999 5:02:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

Brian, Short term buy at 82 - 85 looks OK for good long term performance. I think MSFT on its own looks healthy. But I see a serious internet valuation correction underway. Look at AOL, eBAY, AMZN,... Same with overall market. Last year we saw 7400 on the DOW on the low side. I am wondering if the current declines will lead to 8000 or so for a this year low? I continue to loose portfolio value on a daily basis for the last week or so despite selling about 40% of my overall position and 1/2 of msft position.