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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Fun-da-Mental#1 who wrote (26196)	9/17/1999 5:00:00 PM
From: pater tenebrarum	Respond to of 99985

Fun, MSFT is just as overvalued as most other tech stocks - however, a monopoly premium is paid for it. interestingly, MSFT and INTC have once again decoupled, with INTC showing much better relative strength lately. this supports Hickey's contention that there is stock piling of parts but less-than-stellar end demand. MSFT was btw. one of the few big cap techs to point to a potential Y2K related slowdown at it's last conference call. regards, hb