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

To: t2 who wrote (28225)	8/16/1999 4:32:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Frankly, t2k, the entire market hinges on the CPI tomorrow. The Market these days reminds me of a late night at The Mirage Craps Tables...everything hinges on the luck of the roll of the dice (CPI report, PPI report, Wages report, etc.) This is why I am staying out of trading almost entirely. Buy and hold is the only strategy that makes sense to me in this environment, provided one is confident in the Market, the Economy and the performance of individual companies over the long term...which I am. BTW, I bought more MSFT the other day at 82.5. I am very happy with the purchase regardless of whether MSFT trades down to the mid 70s or not. This range is certainly a price I can live with over the long term. Teflon