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

To: codawg who wrote (29168)	9/5/1999 7:35:00 PM
From: johnd	Respond to of 74651

Teflon, Tuesday I am going to sell another 25% of my MSFT holding. This will bring me to 75% cash and 25% MSFT. I am willing to miss out on bull runs but ready to be 100% cash at year-end. Motto: Sell when everyone is buying and BUY when everyone is selling. I normally don't like to time the market. But I have never been as nervous as tight now. You know the reason: 1. Weak dollar, High oil prices, raising rates (2 so far) 2. MSFT: Star Office and upcoming ruling on DOJ effect. NT -> Win2k transition 3. Y2K outflow 4. All internuts will crash in 1-2 months when insiders start selling. I will enjoy the comfort of being in cash. Greenspan, Warren Buffet, Bill Gates are telling me that the market is overvalued. I will listen. Microsoft is very careful not to sell put warrants about 70 strike.