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

To: taxman who wrote (27881)8/5/1999 10:32:00 AM
From: codawg  Read Replies (1) | Respond to of 74651
 
Thread:

MSFT has shown some real strength the last 2 days in the face of a pretty ugly market. The stock definitely wants to rally a bit, but is like a fish swimming upstream against a rain swollen river (albeit a big fish). If the market could rally tomorrow off of a good jobs number, MSFT would probably fly.

Interestingly, this strength comes right after the technicians posted sell signals after MSFT broke short term moving averages. What do you all attribute this strength too?

As of 10:24 Thursday, Naz is down over 110 points since Wednesday's open and MSFT is up 9/16. Is the stock oversold or is it something more fundamental?



To: taxman who wrote (27881)8/5/1999 10:56:00 AM
From: Bill Holtzman  Respond to of 74651
 
I wish Microsoft would wait until after the trial to send it's wolves after the fat AOL goose. The battle could be over in weeks!


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