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


To: Harry Sharp who wrote (31155)10/26/1999 7:20:00 PM
From: t2  Respond to of 74651
 
Harry, maybe the IBM blowup last made it easy for them to make the decision. They did not have many solid tech companies left in the Dow (HWP is the type that is not expected to go anywhere either--same problems as IBM). Both companies are having problems short term.
I guess they finally decided to make the move to ones that are predicting good quarters leading into Y2K. Still puzzled why the stocks did not move up.

I decided to make some big buys today and plan to do the same tomorrow while reducing positions in some others. I am betting on some quick move up before this week or next week when it gets added.
Planning on picking up Intel as well tomorrow.



To: Harry Sharp who wrote (31155)10/26/1999 10:36:00 PM
From: Teflon  Read Replies (2) | Respond to of 74651
 
Actually, Harry, the discussions focused on whether MSFT would move from the NASDAQ to the NYSE and then subsequently be added to the DJIA. It's a well know fact that the NYSE had reserved the "M" symbol for MSFT if in fact Gates decided to make the move. Unfortunately for those of you that were hoping to see the switch, it's all but out of the question at this point, now that Dow Jones decided to add MSFT (and INTC) to the DJIA while still trading on the NASDAQ.

Teflon