Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (35751)	12/21/1999 9:15:00 AM
From: Bill Holtzman	Respond to of 74651

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. I'm doing the exact same thing. Got several limit orders in to buy MSQAE. Yesterday I bailed on my 110's which I had held since March!! Wanted to hold them right up to expiration but I couldn't stomach the risk. Good luck!

To: craig crawford who wrote (35751)	12/21/1999 3:35:00 PM
From: Bill Holtzman	Respond to of 74651

oops, should've been MSQAV...great day!<eom>

To: craig crawford who wrote (35751)	12/21/1999 4:54:00 PM
From: allen menglin chen	Read Replies (1) \| Respond to of 74651

Craig and Steve, The biggest MSFT bulls. Sky is the limit! biz.yahoo.com ... Acampora said his Nasdaq forecast -- that the index could move up to 4,800 to 5,000 -- was stirring a lot of interest. ``That seems to be an eye-opener. People are saying 'Aw, come on Ralph, how can we get there?',' he said in a conference call with reporters to debut his stock targets for 2000. Acampora is a technical analyst, meaning he uses charts of past stock performance for the most part, and not fundamentals such as sales or profits, to make his forecasts. He said many technology stocks that have been sitting still for some time as others have rocketed are now ready to go up. For instance, he said, Microsoft Corp. (NasdaqNM:MSFT - news) is poised for a huge move up. ``I (expect) a rotation with the top stocks. Microsoft for most of this year was flat. Only last week it made a new high and it's beginning a new move up. I think it could be at $200 by the end of the year and Intel is on the doorstep of making a new high,' he said. Microsoft shares are currently at about 115. Acampora also likes online auctioneer eBay Inc. (NasdaqNM:EBAY - news), Internet firm Inktomi (NasdaqNM:INKT - news), and biotech company Immunex Corp. (NasdaqNM:IMNX - news). ...