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


To: John F. Dowd who wrote (29272)9/8/1999 4:19:00 PM
From: Jill  Respond to of 74651
 
All I can say is this is a market where tons of $ is made by churning and trading, both institutional and of late individual. And thus any hint of news positive or negative is a sign to go short or long, to make money on upticks and downticks, and makes the market seem manic-depressive every single week. Everen's call on Qualcomm, which is a momentum play of late besides being a great stock, pushed it down 30 points, then Everen started quietly scooping it up (if Sir Francis were around he'd know for sure)...meanwhile if you're an individual trying to time it, what a puzzle.

Jill



To: John F. Dowd who wrote (29272)9/8/1999 4:29:00 PM
From: johnd  Read Replies (3) | Respond to of 74651
 
dailynews.yahoo.com

JFD, here lies part of the problem. People are borrowing
too much and spending. Country is seeing the lowest savings
rate in decade. Lot of gen Xers are buying internet stocks
on borrowed money from margin and even credit cards.