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

To: John F. Dowd who wrote (29498)	9/15/1999 11:04:00 AM
From: Teflon	Respond to of 74651

McNeally is a brilliant technical guy, no debate there. But as some of my colleagues have reminded on occasion, if he doesn't consistently surround himself with top business talent, SUNW would likely start to lose ground in the Market. I do not fear SUNW, and I don't think MSFT does a whole lot either. Teflon

To: John F. Dowd who wrote (29498)	9/15/1999 11:10:00 AM
From: Teflon	Read Replies (2) \| Respond to of 74651

btw, DOW down 30 and NASDAQ down 43. This, IMHO, is a terrific buying opportunity. Keep in mind that Options expiration is on Friday, and the institutions are not buying even with the positive CPI report...this leads me to believe that there are/were some large bets on the short side of this market going into this week. I expect the short holders will not buy large blocks of stock (and sell where they can) to facilitate a covering opportunity by Friday. If the Market sells off much further, I expect to see buyers come back into the Market. Even with the strong retail sales, I think Inflation is null and void. Though the Fed might tighten in early October (weak dollar doesn't help), the inflation fears seem to be losing steam. The Market looks great, IMHO. Teflon