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


To: BeachCrunc who wrote (32703)11/7/1999 6:42:00 PM
From: jmac  Read Replies (1) | Respond to of 74651
 
MSFT doesn't trade now until 7am CT tomorrow.



To: BeachCrunc who wrote (32703)11/7/1999 8:19:00 PM
From: Ex-INTCfan  Respond to of 74651
 
It was 87 or so after hours on Friday. Who knows what will happen Monday? I've heard 10% (down) batted about.

I doubt the money managers would be stupid enough to try to dump their shares first thing in the morning. My guess is they'll wait it out and see how bad the reaction will be, and sell some of their positions into pockets of strength. If there is no bounce back next week and the stock drifts down, I'd expect them to ease out of some positions a bit at a time. If it drops like a bomb, I'd expect them to be net buyers. But what the hell do I know about such matters? I'm just speculating at this point.

Me, I might lighten up some if the prices are reasonable, only because I have a fairly large portion of my portfolio in the stock. If I had just a small portion of my worth in it, I wouldn't even consider selling.

Maybe my SUNW will do well.

INTCfan