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

To: djia101362 who wrote (29972)	9/23/1999 10:03:00 PM
From: Dwight E. Karlsen	Respond to of 74651

I haven't been in MSFT since the last Microsoft Investor's conference, when the MS bigwigs were talking down the stock. So I last sold at ~$96, where it opened the day after. While I've missed the run back up from ~$84 to that area again, today I feel justified in having left this stock alone. I'm just not comfortable holding MSFT in a period where the top execs don't want it that high. Sorta like "don't fight the Fed". Perhaps when the stock gets down to a value where the MS execs will kindly shut up about it being "over-valued", then I'll buy back in. Where that price is, I don't know, but it's below $90 somewhere. I'll let the tape tell the tale (back to base-building action for awhile).