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

To: Tony Viola who wrote (35738)	12/20/1999 8:28:00 PM
From: Frank Ellis Morris	Read Replies (2) \| Respond to of 74651

>>Monday December 20 9:05 AM ET Red Hat Revenue Up, Sees Stock Split NEW YORK (Reuters) - Linux software operating system distributor Red Hat (NasdaqNM:RHAT - news) on Monday reported an operating loss of $3.6 million in its fiscal third quarter, slightly wider than expected, but the high-flying shares continued to surge, gaining 4 percent in pre-open trading.<< Does it make any sense that a system which is free and does not make any money is being chased up by investors and speculators. I must be missing something here. I can't believe that this news caused Microsoft shares to fall today while Rhat soared. Has the world gone mad?? BTW What is your take on the long bond as it seems to keep rising and causing the overall market breath to be in real trouble. I wish the damn idiots at the Fed would get lost once in for all. Frank Frank