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

To: johnd who wrote (28594)8/24/1999 4:21:00 PM
From: johnd  Read Replies (1) | Respond to of 74651
 
For folks who were wondering why the stock moved up 6 on
Beluzzo joining, it has to do with speculation of a tracking
stock again.

I still view tracking stock as a bad idea. Some MSFT
employees getting to participate in it and others not.
Also it will make MSFT more volatile. Bigger swings.
I am not sure if MSFT will really do this tracking thing
or not.



To: johnd who wrote (28594)8/24/1999 4:23:00 PM
From: Teflon  Respond to of 74651
 
johnd, you may very well be right, but as I've said, I just don't see MSFT reaching the 77-78 level anytime soon, so I was buying at 82-83. We may very well see 85 again, but IMHO we're headed higher from here. To me, the risk of missing out on these types of moves is just not worth trying to squeeze out a few extra points. I see a new all-time high by the end of September.

Teflon


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