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

To: johnd who wrote (35373)	12/13/1999 1:50:00 PM
From: Chetman	Read Replies (1) \| Respond to of 74651

Whatever makes it run is fine with me. With a great co. like MSFT it could be alot of things, but most likely what you mentioned. IMO the price action has been fine, with a break of the d/t line a week or two ago, then a retest of that line the last couple days. I need to see some volume to be truly inspired though. Even today's so far is just decent, as far as I can tell. When I look at the PE's of ORCL, SUNW, CSCO I wonder just how high the stock can go once the lid comes off. I think 120 would be conservative. W/O the DOJ it would be above that now. I'm just hoping all or most of the bad stuff is already priced in, so any potential news, good or bad, will get it going. I'm also loaded to the breaking point, but it won't feel like enough when it takes off. I did notice that the stock finally was not raided at 3:30-3:45 on Friday, as had been the case the prior 5 days. If it closes strong again with good volume today, I will pick up some more right before the close or at the open tomorrow. chetman