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

To: Catcher who wrote (28760)	8/25/1999 11:04:00 PM
From: High Plains Drifter	Read Replies (1) \| Respond to of 74651

Bought in today , but will the momentum continue to 100 this week? Can this rally last or is another pullback inevitable due to profit taking? HP

To: Catcher who wrote (28760)	8/26/1999 7:37:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

Catcher, you gotta be feeling pretty good right now because my recollection is you bailed out of msft around $98 and got back in around the low - mid 80's. what does your crystal ball tell you this time around? Catcher, I just got lucky! Right now, MSFT is the only stock I consider a sure thing going into next year. I am not concerned of the bumps along the way and I would not be rushing out of MSFT if the market starts tanking (i might get out of others if that happens). As RTEV pointed out earlier, a loss to the DOJ is already priced into the stock but if that does not happen----lookout! Even if it hits 85 again, i would not consider selling it. Gates looks very comfortable on stage and not someone who is worried about his stock price. Even Paul Allen may start to show some sense if you read that story of the 1 billion loan with MSFT shares as collateral. He probably realizes that it is better to wait until MSFT hits higher prices before getting out. All in all, too much positive on this stock---which should overwelm any negatives along the way. IMHO of course. Good Luck -- I hope you have held on.