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


To: t2 who wrote (28293)8/17/1999 6:44:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
Glad to have you back, t2k :) I wonder where all those market timing short players went? I'm sure they'll be back to tell us how they covered when the Market bottomed and how they went long yesterday in expectation of a favorable CPI Report <ggg>.

I think this rally has substantial legs, and we're headed for new highs. I am not sure about MSFT's pattern in the near term as it appears to want to endure additional consolidation at these levels, although these prices represent bargain levels from a long term perspective.

DELL and HWP's strength is raising my expectations for MSFT throughout the remainder of this year, and I would expect some on the Street to follow suit regardless of Gates & Co "end of the world" predictions!

Just my opinions as usual.
Teflon