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

To: Teflon who wrote (27938)	8/5/1999 4:53:00 PM
From: PMS Witch	Read Replies (1) \| Respond to of 74651

I have posted that Microsoft would go to $110 without a significant retreat. This prediction was wrong. Microsoft has retreated significantly. ($15) I believe Microsoft will still go to $110, but will just take a week or two longer. The current behaviour of Microsoft stock is quite similar to previous near-term bottoms. Couple this with the 'quietness' of no Microsoft news of consequence, the recent strong earnings report, and the compellingly favourable long term outlook, and Microsoft looks incredibly attractive at this point. Anyone wanting an entry point for few quick points doesn't need to look much further than Microsoft this week. I think the real bargain appeared on Tuesday, but the opportunities presented yesterday and today are (were) very attractive as well. Best of trading fortune for all, but remember, do your own research. Cheerios, PW.