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

To: ed who wrote (27696)	8/2/1999 11:08:00 AM
From: DownSouth	Respond to of 74651

ed, I am adding you to my BrowseMaster list. Don't take it personally, you are in good company. I should have done it months ago when you stated that people over 50 shouldn't invest in this market cause they can't adjust to the new rules. Good investing to you.

To: ed who wrote (27696)	8/3/1999 2:32:00 PM
From: johnd	Read Replies (3) \| Respond to of 74651

Ed, This is my promised post when MSFT reaches below 85 in the short term. I think for the long term the fundamentals are strong. But Near term (next 60 days), I don't feel that we have hit bottom. * 10 day chart shows straight line decline * Heavy institutional ownership of August 80 puts. * Dow is down 5% and MSFT is down 15% from peaks. Dow and NASDAQ could go another 10 - 15% lower. I see 8000 to 8500 as bottom for the DOW this year. We are still 20% away from that. MSFT will be dragged down with it. * Broke on down side 50 day and 100day moving average with ease and heading down with ease. * I don't the short term effect of a breakup on options and stocks on msft. I am yet to buy back with the $$$ from liquidation at 93.5