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


To: Valley Girl who wrote (34193)11/17/1999 11:24:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 74651
 
I expect MSFT to hang in a $81-$92 trading range then begin to move up with the release of WINY2K some time in the first quarter.

IMHO



To: Valley Girl who wrote (34193)11/18/1999 11:21:00 AM
From: PMS Witch  Read Replies (1) | Respond to of 74651
 
This is like water torture - drip, drip, drip, each day down another point or two.

The water torture has worked: I'm already nuts! As good an explanation as any of why I'm not touching my core position in Microsoft. Maybe, having experienced a few 'death-marches' with this stock before has developed in me some immunity to pain, or maybe having seen this 'walking-dead' stock rise up like a rocket after being written-off by our 'brainier' investors more than once has helped me keep the faith. Anyway, I'm not selling. I view Microsoft's management as infinitely more capable of handling this challenge than I am, and I'll stay on their side.

ACB<$1, PW.



To: Valley Girl who wrote (34193)11/18/1999 12:20:00 PM
From: John F. Dowd  Read Replies (2) | Respond to of 74651
 
Valley Girl: Dow isn't going to 36000 without MSFT and INTC taking it there. But for these and a handful of tech oriented stocks in the Dow it is a cyclical group.

As for ORCL I too have held it since '90 and have seen it lag the market ferociously only to have it periodically explode as it has done of late. Hang in there.

The problem here is that the reason (or lack thereof) for MSFT being down is due to forces outside of the business millieu or marketplace. When things get placed in the hands of an arbitrary and anti-business government there indeed is a higher form of uncertainty added to the mix. JFD