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


To: limtex who wrote (31100)10/25/1999 8:21:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Limtex, I think Microsoft is actually about $5 higher after the earnings release---however about $7 dollars off its high just before the July release.

It appears to be dead money for a little while----i felt that the stock has nowhere to go in the short term but decided against trying to pick an entry point. Decided to buy some stock and options. The momentum players don't want to get into a stock like this for a while longer--at least until the judge's findings. I would be willing to bet that leading into January earnings, we will have a big move up. The big move up is inevitable in the coming 1 or 2 months.

Good Luck.