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


To: stephan boileau who wrote (35741)12/20/1999 8:34:00 PM
From: High-Tech East  Read Replies (1) | Respond to of 74651
 
Anyone holding a short position in this type of environment (on MSFT) has got to be insane

I agree with that, but how about lightening up on your MSFT and buying a little SUNW <ggggg> or even Abiomed Inc (ABMD).

Ken Wilson



To: stephan boileau who wrote (35741)12/21/1999 3:31:00 AM
From: craig crawford  Read Replies (3) | Respond to of 74651
 
>> No matter what FOMC does tommorrow Msft will rise 5 points <<

Hah, I found someone even more bullish on MSFT than me! I don't see MSFT going up 5 points tomorrow but I certainly won't complain if it does. I added some Jan 125's @ 1 7/8 today, with the intention of buying more every 2-3 points down.

>> When it hits $150 in a month or so then, we can expect some type of consolidation. <<

We pretty much agree here, my prediction is $140 give or take $10 by expiration, so I think 150 is possible and MSFT should be at a minimum of 130.