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


To: t2 who wrote (30759)10/19/1999 11:08:00 AM
From: miraje  Respond to of 74651
 
I feel that all the negativity has depressed the stock price so much that an "in line" earnings number will not cause a selloff

Agree. Boxmaker problems are margin related, not unit demand. MSFT will beat the street, IMO, and if they forego some of the usual gloom and doom in the conference call, the stock should recover into the 90's.

JB



To: t2 who wrote (30759)10/19/1999 1:07:00 PM
From: Jean M. Gauthier  Read Replies (1) | Respond to of 74651
 
Well, this option amateur is making the jump....

I have bought a lot of LEAPS in the past, but this is my 1st option buy..

I just bought 7 April $ 95 for 7.5.... Hope it works out...

Anyone can give me their impression of this buy ? Should I hold until then, or get out the seconf they go in tyhe money (i.e at 95 $ ?)...

Let me heat the experts around here <g>

Take care
Jean



To: t2 who wrote (30759)10/19/1999 11:24:00 PM
From: Dwight E. Karlsen  Read Replies (1) | Respond to of 74651
 
t2, excellent analysis of sentiment, which is the ultimate influence on buy/hold/sell decisions. This stock has based for a long time, we have already been through a very scary 4-5 day selloff in the overall mkt, and now MSFT comes through with a very nice set of numbers. -- And No Y2K impact seen, per Maffei. Most excellent.

>>Beating numbers might put us over 90 again. [already done, after hours] As we go towards month end, a rebound in MSFT appears to be a pretty good bet--even if it sells off on earnings. I doubt it will underperform other techs stocks anymore and could possibly do better.
That is why i felt i had made a mistake by selling shares yesterday. Well it turned out good as i got to pick them up today.

I get the feeling that the sidelines cash is about to enter the market shortly-----why wait until November to get in?
Should create a bit of rush for mutual funds to start using some cash. MSFT will probably be one of the stocks in most demand.
<

I was reading this thread last night, and considered buying some MSFT calls, but didn't. Instead I decided to just hang onto my SPX Nov 1250 calls that I bought yesterday (Monday).

I wouldn't be surprised to see MSFT close tomorrow at $94 on strong volume -- but perhaps that is irrationally exuberant expectations -- but an MSFT-led tech rally would sure help out the SPX (and the Nasdaq 100, etc).