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

To: johnd who wrote (29448)	9/14/1999 8:09:00 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 74651

johnd: It would appear that it is currently basing between 90-95 and that since it has popped through 90 the market has been hard pressed to push it below that number for too long. Also I see very little movement from the analysts regarding their assessment of MSFT. No one dares trifle with MSFT's next qrtr. They will "surprise" to the upside once again. JFD

To: johnd who wrote (29448)	9/14/1999 8:20:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

Where did all the bearish attitudes go predicting the "wait and see" opportunity of scooping up MSFT in the mid 70s? Come on folks, I'm starting to sense some fair weather fans on this Thread... Teflon

To: johnd who wrote (29448)	9/14/1999 9:02:00 PM
From: t2	Respond to of 74651

Johnd, I am not really a technical analyst type of person. My feeling is simply that MSFT is driven by earnings along with external factors but to put a theory to it? I really think those bases it develops are just coincidence. Maybe TA applies to the market as a whole. Just my thoughts. Actually, I really don't know much about TA and don't really believe in it anyways. However, I would still be interested in reading your opinion along with other posters on this subject of developing a base for the stock price. BTW--At first i thought you were commnenting on databases. <g>