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


To: Bill Holtzman who wrote (29651)9/16/1999 8:37:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
BH: 22mill/5 bill=.44% of outstanding stock moved the stock over a range of 5%. 1.98 Billion transaction dollars moved a 473 billion $ stock 5% or 23.5 billion dollars. This is incredible leverage. I would blame this on a thin market and the Chicago boys having an inordinate effect on the stock price. How they effect this is beyond me. In terms of leverage they appear as elephants but in terms of the absolute dollars it just doesn't spell Horton. JFD



To: Bill Holtzman who wrote (29651)9/16/1999 9:30:00 PM
From: Teflon  Respond to of 74651
 
On days like today in the early morning, not doing anything has as much of an effect as buying large blocks of shares. It's all about momentum moves in the stock, either upwards or downwards.

Teflon